Strengthening the Banking System for lending to MSMEs

Strengthening the Banking System for lending to MSMEs

By S. S. Mundra, Deputy Governor, RBI With a view to strengthen the reach and scope of credit delivery mechanism for small entrepreneurs and businesses, RBI has recently issued in-principle approvals for setting up of 10 Small Finance Banks (SFBs). The SFBs are mandated to extend 75 per cent of their Adjusted Net Bank Credit […]

The objective of education is learning, not teaching

The objective of education is learning, not teaching

Professor N V Varghese, Director-Centre for Policy Research in Higher Education (CPRHE) India has enshrined a provision for the right to education, and as a result, many more children have access to school. But access is not sufficient. The quality of learning is also crucial. Do our school going students learn? Reforms need to be […]