General

RBI spreads its wings in northeast Indian states of Manipur and Mizoram

Author : NewsGram Desk

NewsGram Staff Writer

New Delhi: Boasting of having offices in five of the seven northeast states, the Reserve Bank of India (RBI) declared on Saturday that it has opened two sub-offices in the states of Manipur and Mizoram.

Manipur Chief Minister O Ibobi Singh and RBI deputy governor Harun R Khan inaugurated the central bank's sub-office in Imphal on Saturday, a RBI statement said.

The Imphal office, which will have a financial inclusion and development department, consumer education and protection cell and market intelligence unit, "will work in close coordination of the state government, NABARD and the banks for financial and banking development of the state," the statement further said.

On Thursday, RBI Governor Raghuram G Rajan and Mizoram Chief Minister Lal Thanhawla inaugurated an RBI sub-office in Aizawl, with the same departments.

(With inputs from IANS)

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

CJP Protest March LIVE Updates: CJP Call Dharmendra Pradhan’s Resignation Non-Negotiable, 18 Metro Stations Shut

Parliament Monsoon Session LIVE: Union Minister Ravneet Singh Bittu Resigns After His Rajya Sabha Tenure Ends

Union Minister Ravneet Singh Bittu Quits, President Accepts His Resignation

5 Raw Quotes From America’s Largest Raw-Milk Dairy Owner

Trump Unveils Sweeping New Tariffs Expected to Cost Americans $100 Billion a Year