The Mizoram Cooperative Apex Bank held its Annual Review Meeting for FY 2024–25 on June 16–17, 2025, at Aijal Club.
The event was attended by branch managers from all 31 branches, senior officers, and Board of Management members.
The meeting assessed the Bank’s key initiatives and progress, with a special focus on efficient loan disbursement and plans to implement the Loan Origination System (LoS) for better accessibility and transparency.
Important topics discussed included collaboration with the government under the Handholding Policy and awareness strategies for Primary Agricultural Credit Societies (PACS). Representatives from the Registrar of Cooperative Societies (RCS), Reserve Bank of India (RBI), and NABARD also participated and extended support.
Following this, a Board Meeting was held on June 18, 2025, where several policies were approved. These included appointing four new Pigmy Collectors to enhance banking access for daily wage earners and creating 56 new posts (14 Officers, 28 Clerks, and 14 Subordinates) due to the Bank’s growth.
The Bank recorded total deposits of Rs 1694.21 crore and loan disbursements of Rs 1217.64 crore, with a net profit of Rs 45.77 crore. Chairman Lalnunsanga thanked God and the people of Mizoram for their support and trust in the Bank’s journey.
