Aizawl, July 20 — Mizoram Rural Bank (MRB) has crossed the Rs 10,000 crore total business milestone for the first time, reaching Rs 10,656.08 crore during the 2025-26 financial year and registering an 11.26 per cent year-on-year growth, the highest among all Regional Rural Banks (RRBs) in the Northeast, officials said on Monday.
28 RRBs are operating across the country, with MRB emerging as the fastest-growing RRB in the northeastern region during the last financial year. Each of the eight Northeastern states has a Regional Rural Bank.
Bank officials said MRB posted a Net Profit of Rs 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 Rs 100 crore, recording Rs 100.53 crore. Business per Employee stood at Rs 21.70 crore, ranking second among all RRBs in India and first in the Northeast.
Mizoram Governor General Vijay Kumar Singh (Retd) on Monday released the 43rd Annual Report Book of Mizoram Rural Bank (MRB) for the Financial Year 2025-26 at Lok Bhavan.
According to the 43rd Annual Report, digital financial transactions accounted for 97.36 per cent 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 per cent, the second highest among North East RRBs, and attained 154 per cent 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 Rs 4,129.98 crore, and the second-largest bank in terms of deposits at Rs 6,526.10 crore. It maintains market leadership in government-sponsored schemes, holding 78 per cent of PMJDY accounts, 56 per cent of PMJJBY enrolments, 53 per cent of PMSBY enrolments and 43 per cent of APY enrolments.
The bank also leads in financing priority and weaker sections with impressive market shares: 95 per cent in Self-Help Groups (SHGs), 90 per cent under NRLM, 79 per cent under NULM, 67 per cent under Kisan Credit Card (KCC), 29 per cent under MUDRA, and 27 per cent under PMEGP.
Releasing the 43rd Annual Report Book of MRB, the Governor expressed appreciation to Mizoram Rural Bank 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 Singh (Retd) 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. 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 to improve the Credit-Deposit Ratio and maintain zero Non-Performing Assets (NPAs). He encouraged them to collaborate closely with NABARD to develop better rural infrastructure. He called for fostering a culture of excellence, advising the bank to regularly evaluate its performance, popularise its activities, and strive for even more productive years ahead.