Company type | Regional Rural Bank |
---|---|
Industry | Banking, Financial services |
Founded | 27 September 1983 |
Headquarters | Aizawl, Mizoram, India |
Area served | Mizoram |
Owner |
|
Parent | Ministry of Finance , Government of India. |
Website | www |
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]
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.
Mizoram Rural bank has 100 branches, covering all the 11 districts and 26 RD blocks.[5] The Bank is headquartered in Aizawl.