The SLBC (Meghalaya) had on 11th October 2010 alloted Meghalaya Rural Bank for setting up a Rural Self-Employment Training Institute (RSETI) in West Khasi Hills District, where the Bank had the largest bank branches among other operating banks. Nongstoin, the district headquarter, was selected as site for the institute and on April 2013, the C&RD of the state government handed over to the bank.
MRB-RSETI was duly inaugrated on 23rd June 2014 in the presence of several other dignataries from the district. a 14-Member Local Advisory Committee (LAC) with the Deputy Commissioner as Chairman and the Bank Chairman as Co-Chairman, was constitued thereafter. The LAC (Subsequently renamed the Ditrict Level RSETI advisory committee - DLRAC) had its first meeting on 21st October 2014. MRB-RSETI commenced its training programmes on 28th October 2014. MRB-RSETI has been providing various trainings like poultry farming, piggery farming, goatery farming, multi-crop farming, dairy farming cum vermi compositing etc.