Mizoram Governor Releases Mizoram Rural Bank’s 43rd Annual Report

Hnahthial Post | July 20, 2026, Aizawl: Mizoram Governor, General (Dr) Vijay Kumar Singh, PVSM, AVSM, YSM (Retd), today released the 43rd Annual Report Book of Mizoram Rural Bank (MRB) for the Financial Year 2025-2026 at Lok Bhavan.

While releasing the report, the Governor General (Dr) Vijay Kumar Singh expressed appreciation to Mizoram Rural Bank (MRB) for releasing its Annual Report earlier than in previous years and for the various visible achievements. He commended the bank’s efforts but urged its officials not to be satisfied with the current achievements alone. Instead, he encouraged them to continue working with greater dedication to achieve even better results in the future. Describing MRB as the heart of rural finance and the backbone of Mizoram’s rural economy, the Governor highlighted the bank’s widespread presence across the state’s remote hilly regions. He called upon the bank to make every possible effort to effectively implement various central government schemes for the public, including education loans and social security schemes, ensuring maximum outreach and successful delivery.

General (Dr) Vijay Kumar Singh further noted that, as Mizoram is a revenue-deficit state, focused efforts are needed to enhance revenue generation, with rural economic development playing a crucial role in this regard. He stressed the importance of establishing strong market linkages so that farmers can sell their produce at remunerative prices and increase their income. He also emphasised the need for more extensive outreach programmes. The Governor urged MRB officials to continue working towards improving the Credit-Deposit Ratio and maintaining zero Non-Performing Assets (NPAs). He encouraged them to collaborate closely with NABARD to develop better rural infrastructure. He called for the fostering of a culture of excellence, advising the bank to regularly evaluate its performance, popularise its activities and strive for even more productive years ahead.

Mr Bhaskar Manta, General Manager, NABARD, Aizawl, also addressed the gathering. He commended the strong collaboration between NABARD and MRB in providing financial services to poor farmers, women and Self Help Groups. Praising MRB’s initiatives and achievements, he reaffirmed NABARD’s continued commitment to supporting MRB and the people of Mizoram.

The programme was chaired by Mr C. Laldampuia, Director, Mizoram Rural Bank RSETI. Mr Saibal Kanti Roy, General Manager, Network-I, proposed the welcome address. Mrs Sheryl L Vanchhong, Chairman of Mizoram Rural Bank, presented the Annual Report and highlighted the bank’s key achievements. The event concluded with a vote of thanks by Mr Lallawmzuala Colney, General Manager, Network-II.

During the financial year 2025-26, Mizoram Rural Bank crossed the ₹10,000 crore total business milestone, reaching ₹10,656.08 crore, registering a year-on-year growth of 11.26% - the highest among all North East Regional Rural Banks (RRBs). The bank posted a Net Profit of ₹152.27 crore, the second highest among North East RRBs. It also became one of the first four RRBs in India to achieve Business per Branch (BpB) exceeding ₹100 crore, recording ₹100.53 crore.

Business per Employee stood at ₹21.70 crore, ranking second among all RRBs in India and first in the North East. Digital financial transactions accounted for 97.36% of total transactions, the highest among North East RRBs and second among all RRBs in the country. The bank achieved a Credit-Deposit (CD) Ratio of 63.29%, the second highest among North East RRBs and attained 154% of the Department of Financial Services (DFS) target under the Pradhan Mantri MUDRA Yojana (PMMY), the highest achievement in the North East.

At the state level, MRB is the largest lender in Mizoram with an advances portfolio of ₹4,129.98 crore and the second largest bank in terms of deposits at ₹6,526.10 crore. It maintains market leadership in government-sponsored schemes, holding 78% of PMJDY accounts, 56% of PMJJBY enrolments, 53% of PMSBY enrolments and 43% of APY enrolments. The bank also leads in financing priority and weaker sections with impressive market shares: 95% in Self-Help Groups (SHGs), 90% under NRLM, 79% under NULM, 67% under Kisan Credit Card (KCC), 29% under MUDRA, and 27% under PMEGP.

Mizoram Rural Bank is a Scheduled Commercial Bank with the widest and most extensive branch network in Mizoram. It has 106 branches and 491 employees spread across all districts. In areas without bank branches, the bank has deployed around 350 Business Correspondents (BCs). It also has Mizoram Rural Bank RSETI in Kolasib.