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RBI to Revamp Lead Bank Scheme | What It Means for Financial Inclusion & Banking Reforms 2026 The Reserve Bank of India (RBI) has announced plans to revamp the Lead Bank Scheme (LBS) to enhance its effectiveness in promoting financial inclusion, credit penetration, and district-level banking coordination. Originally introduced in 1969, the Lead Bank Scheme assigns specific banks to districts to coordinate banking development, priority sector lending, and financial outreach. The proposed revamp aims to strengthen monitoring mechanisms, improve digital banking outreach, and align district credit plans with local development needs. 📚 In this video, we explain: • What is the Lead Bank Scheme? • Why RBI is revamping it now • Key objectives of the reform • Impact on financial inclusion & MSMEs • Importance for UPSC Prelims & Mains This topic is highly relevant for UPSC, SSC, Banking & State PCS exams under Economy and Financial Inclusion. 🔔 Subscribe to AffairsGrid for crisp, infographic-based current affairs analysis. #RBI #LeadBankScheme #FinancialInclusion #BankingReforms #UPSC2026 #EconomyCurrentAffairs #PrioritySectorLending #AffairsGrid #IndianEconomy #SSCExam