Officials from Cooperation Department, NABARD and MCAB Meet Mizoram Governor

Aizawl, the 23rd April, 2026 : Officials from the Cooperation Department, the National Bank for Agriculture and Rural Development (NABARD) and the Mizoram Cooperative Apex Bank Ltd. (MCAB) called on the Governor of Mizoram, General (Dr) Vijay Kumar Singh, PVSM, AVSM, YSM (Retd), at Lok Bhavan in Aizawl today. The meeting focused on the recent grant of “Scheduled Bank” status to the Mizoram Cooperative Apex Bank Ltd. by the Reserve Bank of India (RBI). The officials also discussed various developmental initiatives aimed at strengthening the cooperative banking sector and enhancing financial inclusion across the state.

Mizoram Governor, General (Dr) Vijay Kumar Singh expressed his appreciation for the significant achievement of the Mizoram Cooperative Apex Bank Ltd. in attaining Scheduled Bank status. He noted that once the bank is recognised as a scheduled bank under the Reserve Bank of India, various state government departments will be able to conduct official transactions through it. The Governor reiterated that cooperative banks play a vital role in serving the common people and urged all stakeholders to make every possible effort to further strengthen and develop the institution.

The meeting was attended by Mr. Udit Prakash Rai, Commissioner & Secretary, Cooperation Department; Mr. John LT Sanga, Registrar of Cooperative Societies (RCS); Mrs. Pankaja Borah, General Manager, NABARD and from the Mizoram Cooperative Apex Bank Ltd. – Mr. Lalnunsanga, Chairman; Mr. Lalrinchhana, Vice Chairman; Mr. Rosiamliana Ralte, Director; Mr. P. Lalsawmliana, CEO and Mr. Vanlalhriata, Deputy General Manager.

This development marks a new chapter for the banking sector in Mizoram. As notified in the Gazette of India dated April 15, 2026, the Mizoram Cooperative Apex Bank Ltd. has been included in the Second Schedule of the Reserve Bank of India Act, 1934, thereby acquiring Scheduled Bank status.

The Mizoram Cooperative Apex Bank was established on July 31, 1982. Currently, the bank operates 35 branches and 45 ATMs across the state. It holds deposits amounting to ₹1,930 crore and has extended loans worth ₹1,272 crore, achieving a Credit-Deposit (CD) ratio of 66%. The bank is among the top performers in terms of loan disbursement in Mizoram’s banking sector.

 

Cooperation Department, NABARD leh MCAB hotute’n Mizoram Larsap an kawm (Mizo)

Aizawl, the 23rd April, 2026 : Vawiin khan Cooperation Department, National Bank for Agriculture and Rural Development (NABARD) leh Mizoram Cooperative Apex Bank (MCAB) Ltd., hotute chuan Larsap, General (Dr) Vijay Kumar Singh, PVSM, AVSM, YSM (Retd) chu Lok Bhavan, Aizawlah hmuin, tunhnaia “Scheduled Bank” dinhmuna Mizoram Cooperative Apex Bank (MCAB) Ltd. hlankai anih chungchang bakah hmalakna dangte an sawipui.

Larsap General (Dr) Vijay Kumar Singh chuan Mizoram Cooperative Apex Bank Ltd.-in Scheduled Bank dinhmun pawimawh tak a thleng thei chu a lawmpui thu sawiin, scheduled bank an nih tawh avangin State Sawrkar hnuaia department-te pawhin dan ang taka an dawr theih tawh dawn thu a sawi a. Cooperative Bank-te chu mipui nawlpui tana dawr theih an nih avangin tun aia hmasawn lehzual tura theihtawp chhuah turin a chah a ni.

He hunah hian Pu Udit Prakash Rai, Commissioner & Secretary, Cooperation Department; Pu John LT Sanga, Registrar of Cooperative Societies (RCS); Pi Pankaja Borah, GM, NABARD-te bakah, Mizoram Cooperative Apex Bank Ltd. atangin Pu Lalnunsanga, Chairman; Pu Lalrinchhana, Vice Chairman; Pu Rosiamliana Ralte, Director; Pu P. Lalsawmliana, CEO leh Pu Vanlalhriata, DGM te an tel a ni.

Mizoram chuan Banking sector-ah bung thar kaiin tunhnaiah Mizoram Cooperative Apex Bank Ltd. chuan ‘Scheduled Bank’ status a hmu thar a. Gazette of India, April ni 15, 2026-a tarlan a nih danin Mizoram Cooperative Apex Bank Ltd. chu Second Schedule of Reserve Bank of India Act, 1934 ah telh a ni dawn ta a ni.

Mizoram Cooperative Apex Bank Ltd. hi July 31, 1982 khan din a ni a. Tun dinhmunah Apex Bank hian branch 35 leh ATM 45 a nei mek a. Deposit cheng vaibelchhe 1930 neiin, loan cheng vaibelchhe 1272 an pe chhuak a, sum dahluh leh loan pek chhuah khaikhinna Credit-Deposit (CD) ratio hi 66% a ni a, Mizorama Bank-te zinga loan pe chhuak tha berte zinga mi a ni mek.

 

Written by: Dr. Lallawmkima Thangluah, MIS, PRO to Governor