The Nagaland State Cooperative Bank (NStCB) Ltd inaugurated its 23rd branch at the Shamakok complex, PPC ward, in Longleng on May 29, 2024.
In his address as special guest, Deputy Commissioner Dharam Raj emphasized that NStCB is a bank for the people, focusing on financial assistance rather than profit. He highlighted that true development is achievable only through financial inclusion.
The Deputy Commissioner noted that while the bank will adhere to all guidelines, it will also offer some flexibility, unlike other banks. He assured that NStCB will provide superior services and loans with better interest rates, urging citizens to take full advantage of this opportunity.
NStCB General Manager Jonah Sema, in his keynote address, outlined various schemes and initiatives launched by the bank. He remarked that the 23rd branch of NStCB, situated in the heart of Longleng town, symbolizes more than just a physical structure—it stands as a beacon of hope for financial empowerment and progress for the vibrant community of Longleng.
Earlier in May, 2023 the bank had opened its 22nd branch at Kiamngan ward in Noklak town.