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From the Chairman's Desk

Chairman Rose B.A. KhyriemI am very happy for the privilege of taking over as Chairman: Meghalaya Rural Bank on 1st August 2014 from Shri Mukul Ch Jeishi, my immediate predecessor in the Chair.

I had been associated with Meghalaya Rural Bank earlier as State Bank of India nominee Director on the Bank’s Board of Directors during 2008 and have kept track of the progress of the Bank ever since. I had also always been aware of the wholesome reputation which Meghalaya Rural Bank enjoys in banking circles and therefore welcomed the opportunity of being associated with the Bank yet again - this time in the capacity of its Chief Executive.

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Recruitment

RECRUITMENT NOTICEnew

Meghalaya Rural Bank invites applications from Indian Citizens, for the post of:

  1. Officer in Junior Management (Scale I), Cadre and
  2. Office Assistant (Multipurpose)

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DBTL - Direct Benefits Transfer (DBT) - LPG

Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on January 1, 2013. This program aims to transfer subsidies directly to the people through their bank accounts. It is hoped that crediting subsidies into bank accounts will reduce leakages, delays, etc.

DBTL Scheme : Government of India Introduced Modified Direct Benefit Transfer of LPG (DBTL) scheme on November 15, 2014 whereby LPG consumers who have not yet availed the benefit will be able to get cash subsidy amount transferred into their registered Bank Accounts to buy Liquefied Petroleum Gas (LPG) cylinders at market price. 

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Performance Highlights & Annual Report

Audited Balance Sheet and Profit and Loss account : 2013-14

  • Total Business of the Bank as on 31.04.2014 is Rs. 1544.66 crore.
  • Record Business Growth of more than Rs. 170 crore during the year
  • CD Ratio improved by more than 26 % over last year
  • Net Profit of Rs. 31.68 crore registered which is an increase of 12% over last year
  • Rs. 41.03 crore disbursed as KCC loans to 8571 beneficiaries
  • Business per Branch registered at Rs. 16.97 crore
  • Business per Employee registered at Rs. 4.42 crore
  • Per employee profit registered at Rs. 9.08 lakhs
  • 15 New Branches opened during this year
  • IT based products, RTGS & ATM enabled

Annual Report 2010-2011 (Hindi) (English)

Annual Report 2011-2012 (Hindi) (English)

Annual Report 2012-2013 (Hindi) (English)