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4 mins read

MSMEs on a growth path with rise in credit demand, fall in delinquency rates: CIBIL-SIDBI report

Credit demand grew at 1.29 times YoY in the quarter ending September 2022. MSME lending continues …

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3 mins read

MSME credit demand jumps 60% from pre-pandemic levels – a sign of rebound in economic activity

The sector is undergoing a quiet but steady revival, going by the increase in credit demand and a m…

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3 mins read

MSMEs with bank loans due up to Rs.50 crore can get their loans restructured

The second iteration of RBI’s restructuring offer was originally introduced in early May but was…

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1 min read

Sidbi to launch digital platform for SMEs

"It shall have all MSMEs, stakeholders of the MSME ecosystem, financiers, corporates, government, …

PTI   


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1 min read

SIDBI to provide special liquidity for on-lending to MSMEs

"We are ously working towards helping MSMEs survive the crisis created due to the COVID-19 pandemic…

PTI   


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1 min read

Sidbi signs pact with urban affairs ministry for implementation of PM SVANidhi

PM SVANidhi is a central scheme fully funded by the ministry with the objective to facilitate work…

PTI   


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1 min read

Sidbi sets up fund to facilitate free onboarding of MSMEs on TReDS platform

"The present endeavour aims at offering relief to the MSMEs during these challenging times. We are…

PTI   


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1 min read

V Satya Venkata Rao takes charge as Dy Managing Director SIDBI

He has handled several departments including legal, human resource, corporate communications and w…

PTI   


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1 min read

Sidbi receives Rs 15 cr from UP govt for startup fund

"Uttar Pradesh government's 'UP Startup Fund' is the very first state fund to be operationalized. …

PTI   


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1 min read

SIDBI offers emergency credit facility of up to Rs 1 cr to SMEs

"The limit of SAFE loans, which was launched a few days back, has been enhanced from Rs 50 lakh to …

PTI   


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1 min read

Azim Premji, Binny Bansal join government’s startup fund to invest in Alteria Capital

This investment has made Alteria Capital the biggest venture debt fund in the country. According…

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1 min read

Sidbi commits Rs 15 cr to PM-CARES Fund to fight against COVID-19 pandemic

"The prime minister has taken proactive measures to break the chain of the COVID-19 infection. We s…

PTI   


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2 mins read

Credit supply to commercial sector slows to multi-year low of 8.1 pc: Sidbi

Mumbai, Jan 9 () Amid a slowdown in economic activity, state-owned Sidbi on Thursday said credit su…

PTI   


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1 min read

Sidbi to provide loans up to Rs 50 lakh to MSEs manufacturing medical supplies to fight COVID-19

"The situation in which the country is going through right now, we felt that there is a need to i…

PTI   


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2 mins read

First anniversary of PM Modi’s ‘Startup India’: Hits & Misses

2) While the progress is slow, the ecosystem feels much supported as the government put light on th…

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1 min read

SIDBI clears Rs 930 crore to support VC funds

There are a dozen proposals for a potential commitment of around Rs 500 crore that are lined up for…

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2 mins read

India marked 1.4 lakh registered Startups; UP ahead of Gujarat and closer to Delhi

The number of startups in India has increased to more than 1.4 lakh, highlighted Union Minister of …

ANI   


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2 mins read

Production Linked Incentive scheme for drones to kickstart industry, not permanent subsidy: Piyush Goyal

The Production-Linked Incentive (PLI) Scheme for drones and drone components is a Kickstarter for t…

ANI   


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4 mins read

Union Budget 2024-25 key highlights: Angel tax to be scraped

You can watch the presentation live on the official Youtube channels of the government. After her s…

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2 mins read

Goa partners with World Bank to tackle sea level rise, coastal erosion and other climate change-related hazards

Studies have shown that about 80% of the Goan population lives in low-lying coastal areas, making i…