Which nationalized commercial bank acts as the lead bank responsible for coordinating credit plans in several districts of Uttarakhand under the Lead Bank Scheme?

💡 Solution & Explanation

State Bank of India is the largest public sector bank in India and serves as the lead bank in multiple districts of Uttarakhand, preparing district credit plans and coordinating financial inclusion targets. The Lead Bank Scheme ensures adequate institutional credit flow to priority sectors like agriculture and MSMEs. Cooperative banks and other commercial banks collaborate under this framework.