Tag Archives: SIDBI

Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small & Medium Enterprises (MSMEs) in India has signed a Memorandum of Understanding (MoU) with Show Reel for developing an online digital platform aimed at providing handholding support to aspiring …

SIDBI, and AGENCE FRANÇAISE DE DÉVELOPPEMENT (AfD) joined in partnership with the aim of strengthening the cooperation on climate change and greening finance. AFD is a public development finance institution which objective is to support both India’s international commitments on reducing greenhouse gases emissions and to ensure economic and social …

Small Industries Development Bank of India (SIDBI), Lucknow in association with ODOP Cell, MSME Dept, Govt of UP has launched Enterprise Connect Desks (ECDs) in 35 District Industries Centres (DICs) in the state of Uttar Pradesh. These ECDs have been set-up for enterprise promotion by encouraging aspiring youth to take …

The Small Industries Development Bank of India (SIDBI), Regional Office, Lucknow celebrated SIDBI’s “32nd Foundation Day” on 2nd April, 2022 at Lucknow. The Theme for this year’s Foundation Day was “Together We Grow”. On this occasion a Customer Meet was organized which was attended by customers of SIDBI from Lucknow …

Small Industries Development Bank of India (SIDBI), the country’s principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), has entered into two Memorandum of Understanding (MoU) with the Industries Department, Government of Bihar (GoB) & Bihar Industrial Area Development Authority (BIADA) to …

Jubilee Desk  Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs) has participated in flagging-off event of National Micro, Small & Medium Enterprise (MSME) Expedition Team at its head office situated at Lucknow, Uttar …

Anand Prakash Srivastava Importance of product innovation in manufacturing or service sector enterprises cannot be understated. When it comes to banking sector, it is all the more significant, especially when dealing with MSMEs. In my last article, we had discussed “how” banks and NBFCs can design new products well for …

Anand Prakash Srivastava The credit gap in India for MSME sector is estimated at around Rs. 25 trillion. Despite all the enabling laws, subsidies and relief measures granted by the government, the credit gap for MSMEs persists. On the other side, portfolio health and fear of NPAs remain a cause …

News desk Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSMEs), in partnership with Foreign, Commonwealth & Development Office, UK (FCDO UK) has launched ‘Swavalamban Challenge Fund’ (SCF). A challenge fund is a fund …

News desk  The business scene in India is coming back to normal. Findings from the latest edition of the SIDBI – TransUnion CIBIL MSME Pulse Report indicate that in FY 2021, loans worth ₹9.5 lakh crores were disbursed to MSMEs. This amount is much higher than the preceding year- FY …