•  Three, private sector credit continued to grow at a steady but slow pace for much of 2012. On a year-on-year basis, loans granted by the commercial banks grew by almost 5 per cent in September 2012, compared with 6 per cent at the end of December 2011.
In line with the national economy, Mizoram also experienced pick up in its growth. Even as the growth momentum at the national level was dented following the onset of global financial crisis in 2007–08, the performance of Mizoram’s economy was better even in the post-crisis period.