Regional Rural Banks in North East India

The book outlines the working of the Regional Rural Banks (RRBs) in India with a North East perspective. One of the main factors behind the economic backwardness of North East India is the financial exclusion, under banking, a low credit deposit ratio and poor entrepreneurial support.

The present study critically evaluates the working and performance of RRBs in the country with a special reference to Mizoram, a small hilly tribal state. The study examines different aspects of the growth story of RRBs touching upon their performance in terms of deposit mobilization, advances, borrowings and investments, CD Ratio, and profitability.

Further, the study focuses on the working and performance of Mizoram Rural Bank (MRB) from the perceptions of the borrowers. The work addresses the pertinent challenges faced by the RRBs and offers specific recommendations for the governments, policy makers, banking industry and other stakeholders interested in the balanced regional development, inclusive banking & entrepreneurship development.

Dr. Lalneihtluangi Fanai (b. 1985) is a faculty member in the department of Commerce, Mizoram University (A Central University). She was born in a small village called Khawhri in Lunglei district of Mizoram, a small state in North East India. She obtained her Master’s degree in Commerce and her doctoral degree from Mizoram University in 2007 and 2015 respectively. Her interests include Banking and Finance. She is one among a few post graduate students in Commerce in Mizoram who had successfully cleared UGC-NET (RGNJRF). She has over a decade of teaching experience at undergraduate and postgraduate level.

She has been actively involved in providing research guidance in the area of banking, financial inclusion and entrepreneurship development. She has published a good number of research papers in journal of repute and presented many papers in international and national seminars and conferences.