ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Record Growth in Priority Sector Advances

Shri P.C.D. Nambiar, Chairman of the State Bank of India, stated at the 24th Annual General Meeting at Kanpur on March 30, 1979, that there was a record growth of Rs. 379 crores in advances to the priority sectors in 1978. He added that measures launched in earlier years for promoting rural development and entrepreneurship and for providing equity support to small entrepreneurs were expanded and intensified. So were those for the enlargement of employment opportunities both in the urban and the rural areas.

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