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

‘Donations More Than the National Parties’: BBC Investigation Reveals Untracked Fundings to India's Unrecognized Political Parties

Nepali and Chinese Nationals Rescued Alive from Flood-Hit Areas

Stray Dogs Protect Woman From Sexual Assault in Tamil Nadu, Viral Video Shows Brave Canine Biting and Chasing Away Accused

Nishu Azad case: Delhi Court Sends Swatantra Bharadwaj to One Day Police Custody

Bengaluru Horror: Woman Kidnapped, Assaulted and Stripped Over Loan Repayment; Accused Records Video to Threaten Her, 3 Arrested