| Company type | Regional Rural Bank |
|---|---|
| Industry | Banking,Financial services |
| Founded | September 27, 1983; 42 years ago (1983-09-27) |
| Headquarters | Aizawl,Mizoram,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 |
Mizoram Rural Bank (MRB) is aRegional Rural Bank inMizoram sponsored byState Bank of India. It is under theownership ofMinistry 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 ofMizoram.[4] Mizoram Rural Bank started usingcore banking only in February 2011.
Mizoram Rural bank has 105 branches, covering all the 11 districts and 26 RD blocks.[5] The Bank is headquartered inAizawl.