RBI/2017-2018/156
FIDD.CO.LBS.BC.No.20/02.01.001/2017-18
April
6, 2018
The Chairmen/Managing
Directors/Chief Executive Officers
All Lead Banks
Madam/ Dear Sir,
Action Points for Lead Banks on
Enhancing the Effectiveness of Lead District Managers (LDMs)
As you are aware, the Lead Bank
Scheme was last reviewed by the “High Level Committee” under Smt Usha
Thorat, then Deputy Governor of Reserve Bank of India, as the Chairperson
in 2009. In view of changes that have taken place in the financial sector
over the years, Reserve Bank of India had constituted a “Committee of
Executive Directors” of the Bank to study the efficacy of the Scheme and
suggest measures for improvement. The Committee’s recommendations were
discussed with various stakeholders and based on their feedback, it has
been decided that the following ‘action points’ will be implemented by the
Lead Banks.
i.
In
view of the critical role played by LDMs, it may be ensured that officials
posted as LDMs possess requisite leadership skills.
ii.
Apart
from the provision of a separate office space, technical infrastructure
like computers, printer, data connectivity, etc. which are basic
necessities for LDMs to discharge their core responsibilities may be
provided to LDMs’ Office without exception.
iii.
It is
suggested that a dedicated vehicle may be provided to LDMs’ to facilitate
closer liaison with the bank officials, district administration officials
as also to organise/ attend various financial literacy initiatives and
meetings.
iv.
The
absence of a specialist officer/assistant for data entry/analysis is a
common and major issue faced by LDMs. Liberty to hire the services of skilled
computer operator may be given to the LDMs to overcome the shortage of
staff/ in case appropriate staff is not posted at LDM office.
2. You are advised to take
appropriate action as required. Further, for successful functioning of the
Lead Bank Scheme, we expect Lead Banks to go the extra mile to provide
facilities over and above the bare minimum to these critical field
functionaries.
Yours faithfully,
(Gautam Prasad Borah)
Chief General Manager-in-Charge
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