As a part of “Look East Policy” RBI has opened a new sub-office in Imphal which will support unbanked block of North-East to have banking presence. With RBI offices are expanded to 5 states in North-East.
This new segment will comprise of Financial Inclusion and Development Department,Consumer Education and Protections Cell and Market Intelligence Unit.
- The sub-office was inaugurated by Manipur CM O Ibobi Singh and RBI Deputy Governor Harun R Khan
- State government will focus on flood control under the Rural Infrastructure Development Fund (RIDF)
- This initiative will improve banking facilities with the adoption of digital connectivity
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