Reserve Bank of India (RBI) has inked a memorandum of understanding (MoU) with government of Mizoram with regard to Urban Co-operative Banks (UCB) in the State of Mizoram.

The source close to the bank remarked that the central bank would also be assessing the training, computerization needs of the Urban Co-operative Banks in the state of Mizoram with the objective of upgrading their human resources skills and technological infrastructure.

Similar MoUs have also been clinched with the governments of the states of Andhra Pradesh, Gujarat, Karnataka, Madhya Pradesh, Rajasthan, Uttarakhand, Chattisgarh, Goa, Maharashtra, Assam, NCT of Delhi, Haryana, West Bengal, Tripura, Punjab,Uttar Pradesh, Manipur, Meghalaya, Himachal Pradesh and Kerala.