SBI to function as Lead Bank for Ariyalur Dist
Ariyalur
(Tamil
Nadu),
Jan
22:
The
Reserve
Bank
of
India
(RBI)
has
authorised
State
Bank
of
India
(SBI)
as
the
lead
bank
for
the
newly-formed
Ariyalur
district.
District Collector V M Xavier Chrisso Nayagam, in a statement here yesterday said a communication from RBI said that SBI would function as the lead bank with effect from January 15. Ariyalur district was carved out of Perambalur district in November last year. The Indian Overseas Bank was the lead bank for the composite Perambalur district.
UNI
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Story first published: Tuesday, January 22, 2008, 10:18 [IST]