PSU banks likely to disburse Rs 25,000 crore more to NBFCs
IndoStar has raised Rs 610 crore under PCG over past one month.
SIDBI launches outreach programme for strengthening MSME ecosystem in Haryana
This is the nine outreach programme under the initiative. Eight...
Venture funds constitute meagre share in private investments in India: Report
The study highlights that despite India being one of the fastes...
Budget likely to unveil ‘Fund of Funds’ for MSME sector
It would be modeled on the lines of FoF suggested by former Sebi chairman-headed panel on MSME.
IL&FS money laundering case: Bail denied to 2 former officials
Former joint MD of the company, Arun K Saha, and MD of transportation network, K Ramchand had sought bail on the ground that ED had missed the deadline to file the charge sheet.
In more bad news,Q1 commercial credit dips by 2.6%: Sidbi data
According to the report, overall the commercial credit stood at Rs 63.80 lakh crore as of June 2019 as against Rs 65.52 lakh crore in March 2019 and is up 10.4 percent compared to Rs 57.81 lakh crore as of June 2018.
SIDBI joins hands with Incuspaze to open coworking space for MSMEs and startups
The fully furnished office space is equipped with training and conference room, fast-speed internet, reception, refreshment, recreational area, housekeeping facilities etc.
MSME Scheme: How the Micro Finance Programme is providing funds to small businesses
To ensure easy availability of finance, the Government offers the Micro Finance Programme wherein the security deposit of loans sought by MFIs and NGOs are financed by the Government.
Sidbi tests waters for a philanthropic bond
The financial institution has initiated discussions with wealth managers to market the concept.
Govt keen to take startup story to small towns: DPIIT Secy
He vouched for regulatory measures even as he said the government would keep a hands-off approach to allow thriving of entrepreneurship in the country.
Sidbi Venture Capital to invest Rs 25 crore in micro lender Janakalyan
Sidbi Venture Capital Ltd (SVCL) is all set to invest Rs 25 crore in Kolkata-based micro lender Janakalyan Consultancy & Services Pvt Ltd, founded last year by two former Axis Bank executives.
After IL&FS crisis, SIDBI says will continue to support good NBFCs
SIDBI says its focus has always been on qualitative, high rated NBFCs who are actually rendering some service to MSMEs.
Our focus is on high-rated NBFCs who render service to MSMEs: SIDBI
SIDBI has been involved in a number of initiatives to upscale the MSME sector, including a new social credit model in the works. Mohammad Mu...
Sidbi may take IL&FS to National Company Law Tribunal
Sidbi plans to drag the debt-hit infrastructure company to court for not repaying its term deposits.
SIDBI introduces web-based application system for contribution from Fund of Funds for Startups
SIDBI is the implementing agency for FFS with a corpus of Rs 10,000 crore on behalf of the Government.
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