Government of West Bengal
Finance Department
Audit Branch
No. 9668-F(Y), Dated: 30.11.2012.
MEMORANDUM
At present the Reserve Bank of India, Public Accounts Department, Kolkata is acting as the ‘Agency Bank’ of the Government of West Bengal. In addition, the Reserve Bank of India, Department of Government & Bank Accounts, Central Office, Mumbai has from time to time authorised the following Banks to conduct State Government Business in West Bengal:
| Sl. No. | Name of the Banks | Sl. No. | Name of the Banks |
|---|---|---|---|
| 1 | Allahabad Bank | 15 | Punjab & Sind Bank |
| 2 | Axis Bank Ltd | 16 | Punjab National Bank |
| 3 | Bank of Baroda | 17 | Syndicate Bank |
| 4 | Bank of India | 18 | State Bank of India |
| 5 | Bank of Maharashtra | 19 | State Bank of Bikaner & Jaipur |
| 6 | Canara Bank | 20 | State Bank of Hyderabad |
| 7 | Central Bank of India | 21 | State Bank of Mysore |
| 8 | Dena Bank | 22 | State Bank of Patiala |
| 9 | HDFC Bank Ltd | 23 | State Bank of Travancore |
| 10 | ICICI Bank Ltd | 24 | UCO Bank |
| 11 | IDBI Bank | 25 | Union Bank |
| 12 | Indian Bank | 26 | United Bank of India |
| 13 | Indian Overseas Bank | 27 | Vijaya Bank |
| 14 | Oriental Bank of Commerce |
There shall be no change in the existing ‘Agency-Bank-Branches’ linked with the Pay & Accounts Offices and Treasuries.
The State Government Offices may nominate any Branch of the above mentioned Bank as Modal Bank for e-Payment.
The State Government Departments may maintain bank account in the above mentioned authorised banks subject to the following conditions:
The proposal for State Government Receipts/Deposits in the Bank other than Treasury-linked Bank shall be sent by the Administrative Department to the Finance Department with regard to the modalities of flow of fund from the concerned Bank to State Exchequer.
If the fund is from (i) any source other than the Government of West Bengal and maintenance of bank account in any of the authorised banks is a precondition of getting the fund or (ii) Government of West Bengal with provision of maintaining separate bank account for smooth implementation of the project, then specific proposal shall be sent to Finance Department in terms of this Department Memorandum No. 675-F dated 22nd January 2008 for approval.
Subject to approval of the competent authority, the Autonomous Bodies/Statutory Corporations of the State Government may open/maintain bank account in the above mentioned banks.
Sd/-H. K. Dwivedi
Secretary to the
Government of West Bengal.
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