About Us

Empowering the rural community of Meghalaya through sustainable financial inclusion since 1981.

Overview

Meghalaya Rural Bank (MRB) was established to provide basic banking and financial services to the rural masses of Meghalaya. Sponsored by State Bank of India, it operates exclusively across the state, ensuring that the unbanked and underbanked populations have access to essential financial tools.

Our core mission is to foster community development by offering tailored agricultural loans, supporting local enterprises, and promoting financial literacy. With a robust network of branches, we are dedicated to bridging the urban-rural economic divide while embracing modern digital banking solutions to better serve our customers across all 12 districts.

89

Branches

12

Districts

10Lakh+

Customers

40+

Years Strong

Chairman's Message

"We at Meghalaya Rural Bank have always endeavored to make banking a pleasant experience. We believe that the ability of the banking industry to achieve the socio-economic objectives and in the process bringing more and more customers into its fold will ultimately depend on the satisfaction of its customers. We have a strong belief that a satisfied customer is our ambassador in developing our business."

The RRBs have been playing distinct and significant role in the process of socio-economic development of the country. Therefore, RRBs have been accepted as the best agency with their organizational potential to reach the last person of the society and thereby establish the grass-root contacts. We are continuously working and updating ourselves to keep pace with the fast changing banking sector.

It is with a matter of great pride that I have adorned the chair as Chairman of this prestigious organization on 25th July 2023, with an aim to continue the journey of growth and development the Bank has embarked upon. The Bank, with its 90 branches has given top priority to the Agriculture sector along with taking care of the requirements of other sectors of the economy. We are committed towards the various initiatives of the Government under financial inclusion program.

It is heartening that we have a very responsible and dedicated Board of Directors to not only take right policy decisions, but also implement the same. They are forever striving to improve the Bank’s working and to lead the institution towards growth and development. For this I thank each Director individually. I would also like to thank the members of the Management Team for exhibiting excellent leadership to guide employees of all grades in coping up with the rapidly-changing banking sector. The employees who are the real strength of the organization deserve applauds and recognition for playing their role in the all round growth of the Bank. I take this opportunity to thank the RBI, NABARD and other industry participants for their support and guidance. I also thank our customers, for keeping their faith in our vision and ability which is always a source of strength and inspiration for the Bank and its entire staff, reflecting in its performance, achievement and results. While concluding, I wish to quote Alexander Graham Bell who famously said “the achievement of one goal should be the starting point of another”. All our positive and pragmatic endeavors will hopefully enable us to ensure sustainable growth for the Bank.

Shri Ashish Yadav
Chairman, Meghalaya Rural Bank

Board of Directors

Shri. Ashish Yadav Chairman
State Bank of India
Shri. Prakash Chandra Baror
State Bank of India
Smt. Sangeetha Bhaskar M
State Bank of India
Shri. Vikas Dahiya
Reserve Bank of India
Arun Kumar
National Bank for Agriculture and Rural Development
Shri. Ramakrishna Chitturi (IAS)
Government of Meghalaya
Smt. Niwanla Tariang
Government of Meghalaya
Shri. Jnanatosh Roy
Government of India