Chief Minister Lalduhoma attends Mizoram Rural Bank Branch Managers’ Conclave 2026

The Chief Minister of Mizoram, Lalduhoma, attended the Mizoram Rural Bank (MRB) Branch Managers’ Conclave 2026.

The Chief Minister expressed pride that Mizoram possesses one of the most progressive Regional Rural Banks in India. He commended Mizoram Rural Bank for its consistent growth and achievements, particularly highlighting its outstanding Credit-Deposit (CD) Ratio. He noted that a high CD Ratio reflects the bank’s commitment to channeling deposits back into the community through loans, which is essential for economic development.

The Chief Minister emphasized that Branch Managers play a crucial role in implementing government policies at the grassroots level, especially flagship programmes such as Bana Kaih (Hand Holding). He stated that the bank holds immense potential in contributing to the state’s development and expressed high expectations from its continued performance.


He also stressed the need to enhance financial literacy across the state, particularly in rural areas, and underscored the importance of accessible and efficient banking services for the people. He urged MRB to continue its commendable work while expanding its outreach to meet the needs of the public more effectively.

Congratulating the bank on its remarkable performance over the past year, the Chief Minister assured that the Government would continue to extend full support to MRB in its growth and service to the people.

Isaac Lalfamkima Sailo, Chief Manager (P&OA), delivered the welcome address, while Pi Sheryl L. Vanchhong, Chairman, MRB, spoke on the bank’s progress over the past year and expressed gratitude to the Chief Minister for his presence.

Established on 27th September 1983, Mizoram Rural Bank is jointly owned by the Government of India (15%), State Bank of India (35%), and the Government of Mizoram (50%). The bank currently operates 2 Regional Offices and 106 branches, of which 60 are located in rural areas, with a workforce of 491 employees.

During the last financial year, MRB recorded deposits of Rs. 6,526.10 crore, exceeding its target by Rs. 682.11 crore, with a growth rate of 11.26%. Total advances stood at Rs. 4,129.98 crore, surpassing the target by over Rs. 300 crore. The bank posted a net profit of Rs. 152.27 crore, with a CD Ratio of 63.28%, the highest in Mizoram.

The total business turnover of the bank reached Rs. 10,656.08 crore, averaging Rs. 100 crore per branch—placing MRB among only four Regional Rural Banks in India to achieve this milestone. Notably, 97.36% of its total transactions are conducted digitally, the highest in Northeast India and second-highest in the country.

Under the Government’s Bana Kaihah programme, MRB has disbursed 279 loans and accounts for 59.35% of applications received from partner banks under handholding initiatives.