#Microfinance

22 May 2015
Moving towards Sustainable Development Goals

Under the Millennium Development Goals (MDGs), India along with other developing countries, has committed to eradicate extreme poverty. The deadline to achieve the goal is 31st December 2015. However, according to a recent United Nations report, nearly 300 million people still live in extreme poverty in India and face deprivation in terms of access to basic services, including education, health, water and sanitation.

28 May 2015
Redefining Priority Sector Lending

In December 1967, the then Finance Minister Morarji Desai introduced a new term for bankers, the "Priority Sector" and this term has come to stay in the Indian banking terminology since then.