Mizoram Rural Bank

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Mizoram Rural Bank
Company type Regional Rural Bank
Industry Banking, Financial services
FoundedSeptember 27, 1983;41 years ago (1983-09-27)
Headquarters Aizawl, Mizoram, India,
India
Number of locations
105 Branches
Area served
 Mizoram
Key people
Sheryl L Vanchhong (Chairman)
Products
Services
Owner Government of India (50%)

Government of Mizoram (15%)

State Bank of India (35%)
Parent Ministry of Finance, Government of India
Website mrb.bank.in

Mizoram Rural Bank (MRB) is a Regional Rural Bank in Mizoram sponsored by State Bank of India. It is under the ownership of Ministry of Finance, Government of India. [1]

Contents

History

It was established on 27 September 1983 [2] under the Regional Rural Bank Act, 1976 [3] and is the only Bank having presence in all districts of Mizoram. [4] Mizoram Rural Bank started using core banking only in February 2011.

Operation

Mizoram Rural bank has 105 branches, covering all the 11 districts and 26 RD blocks. [5] The Bank is headquartered in Aizawl.

See also

References

  1. ↑ "MRB-in 2015-16 ah vbc. 16.45 an hlêp". Vanglaini. Retrieved 19 December 2018.
  2. ↑ "MRB-in an din champha an lawm". Vanglaini. Retrieved 19 December 2018.
  3. ↑ "CM hoin MRB Day vawi 31-na lawm a ni". Vanglaini. Retrieved 19 December 2018.
  4. ↑ "About Mizoram Rural Bank". Mizoram Rural Bank. Retrieved 19 December 2018.
  5. ↑ "Rural Bank din champha vawi 35-na". Vanglaini. Retrieved 19 December 2018.
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