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Sidbi project gets USD 215.6 million funding from Green Climate Fund

Sidbi project gets USD 215.6 million funding from Green Climate F...

Mon, Jul 22, 2024

The funding is for implementing Financing Mitigation and Adaptation Projects (FMAP) in Indian small businesses, as per an official statement.

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SBICAP Ventures invests in climate-tech firm Solinas to boost sanitation efforts

SBICAP Ventures invests in climate-tech firm Solinas to boost san...

Tue, May 28, 2024

The investment was made via the Neev II Fund, managed by SBICAP Ventures which is a State Bank of India (SBI) group company. 

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DrinkPrime raises $3 million funding from SIDBI Venture Capital, others

DrinkPrime raises $3 million funding from SIDBI Venture Capital,...

Wed, May 15, 2024

In the round, existing investors also participated, the company said in a press release today, May 15.

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Operation Sindoor showcases tri-service synergy, technological supremacy in response to Pahalgam terror attack

Operation Sindoor showcases tri-service synergy, technological supremacy in response to Pahalgam terror attack

Unsafe Food Detected: 12 restaurant chains, 36 food samples in this Indian city fail to meet regulatory standards, action taken, say sources

Unsafe Food Detected: 12 restaurant chains, 36 food samples in this Indian city fail to meet regulatory standards, action taken, say sources

Unsafe Food Detected: 12 restaurant chains, 36 food samples in this Indian city fail to meet regulatory standards, action taken, say sources

Unsafe Food Detected: 12 restaurant chains, 36 food samples in this Indian city fail to meet regulatory standards, action taken, say sources

Over 700 companies to announce Q4 results this week; BEL, Power Grid, ITC on the list

Over 700 companies to announce Q4 results this week; BEL, Power Grid, ITC on the list

Over 700 companies to announce Q4 results this week; BEL, Power Grid, ITC on the list

Over 700 companies to announce Q4 results this week; BEL, Power Grid, ITC on the list

BENEFIT! Sidbi urges this to MSMEs - What small business owners should know

BENEFIT! Sidbi urges this to MSMEs - What small business owners s...

Wed, Jun 09, 2021

Recently, the Reserve Bank has provided a special liquidity facility of Rs 16,000 crore to Sidbi to support micro, small and medium enterprise (MSME) hit by the coronavirus.

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SIDBI invites bids from consultants to help set up Rs 20,000 cr NaBFID

SIDBI invites bids from consultants to help set up Rs 20,000 cr N...

Sun, Jun 06, 2021

SIDBI on behalf of the government has floated Request for Proposal (RFP) inviting bids from consultants to help set up Rs 20,000 crore DFI called National Bank for Financing Infrastructure and Development (NaBFID) to catalyse investment in fund-starved infrastructure sector

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MSME Loan: SIDBI is offering this working capital loan; scheme available for limited period

MSME Loan: SIDBI is offering this working capital loan; scheme av...

Tue, Sep 22, 2020

SIDBI or Small Industries Development Bank of India is offering direct loan facilities to MSME as part of Emergency Credit Line Guarantee Scheme (ECLGS), the objective of which is to provide much needed relief to MSMEs, whose operations have been impacted because of the ongoing COVID-19 pandemic

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Guj signs MoU with SIDBI to help MSMEs amid outbreak downturn

Guj signs MoU with SIDBI to help MSMEs amid outbreak downturn

Wed, Sep 16, 2020

The Gujarat government on Tuesday signed an MoU with the Small Industries Development Bank of India (SIDBI) to increase self-reliance and provide capacity building and market support to the state's 35 lakh micro-small-medium enterprises (MSMEs)

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MSMEs alert! SIDBI, TransUnion CIBIL launch this program for micro, small and medium enterprises

MSMEs alert! SIDBI, TransUnion CIBIL launch this program for micr...

Thu, Jul 30, 2020

A comprehensive financial education and knowledge platform for micro, small and medium enterprises (MSMEs) has been launched by the Small Industries Development Bank of India (SIDBI) in association with TransUnion CIBIL.

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MSMEs alert! Good news - Fund to support free onboarding is here from SIDBI

MSMEs alert! Good news - Fund to support free onboarding is here...

Mon, Jun 29, 2020

In a good news for micro, small and medium enterprises (MSMEs), Small Industries Development Bank of India (Sidbi) has confirmed that it has set up a fund.

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COVID-19: NBFCs ask RBI for one-time restructuring of all loans till Mar 2021

COVID-19: NBFCs ask RBI for one-time restructuring of all loans t...

Tue, May 05, 2020

Last month, RBI had asked banks and NBFCs to maintain provisions of up to 10 per cent on all accounts that are at least 1 day past due and where a moratorium has been granted. The provision will be spread over two quarters - March, 2020 and June, 2020.

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

Sidbi to provide loans up to Rs 50 lakh to MSEs manufacturing med...

Fri, Mar 27, 2020

The situation in which the country is going through right now, we felt that there is a need to immediately support and encourage those MSEs that are helping the nation fight the menace, Sidbi chairman and managing director Mohammad Mustafa, said in a statement

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MSMEs, start-ups, women entrepreneurs looking for funds? GeM, SIDBI to help

MSMEs, start-ups, women entrepreneurs looking for funds? GeM, SID...

Fri, Aug 30, 2019

GeM and SIDBI will take steps to ensure payments within a guaranteed time frame to sellers, enhance working capital availability through bill discounting and control NPAs through control of end use, a government statement stated.

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SIDBI joins hand with Incuspaze to push co-working chain in India

SIDBI joins hand with Incuspaze to push co-working chain in India

Wed, Jun 12, 2019

SIDBI announced its collaboration with Incuspaze to support entrepreneurship by providing MSEs and startups a well-equipped and well-managed space to meet their office requirements.

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Big boost to MSMEs: Get Rs 1 crore loan approval in 59 minutes, Rs 2 crore without collateral

Big boost to MSMEs: Get Rs 1 crore loan approval in 59 minutes,...

Wed, Sep 26, 2018

The Union government on Wednesday launched a new initiative to transform the MSME credit space.

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MSEs biz sentiment improves in Jan-Mar: CriSidEx Survey

MSEs biz sentiment improves in Jan-Mar: CriSidEx Survey

Wed, May 09, 2018

Business sentiment among micro and small enterprises (MSE) improved in the January-March quarter as the sentiment index rose by 14 points in the quarter, according to the CriSidEx survey. The CriSidEx sentiment index rose to 121 in the survey quarter (SQ) of January-March from 107 in the previous quarter, according to an official release.   

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MSME sector is backbone of the economy, says FM Jaitley

MSME sector is backbone of the economy, says FM Jaitley

Sat, Feb 03, 2018

The benefit of CriSidEx is that its readings will flag potential headwinds and changes in production cycles and thus help improve market efficiencies.   

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Nirmala Sitharaman signals start-ups may get tax benefits in Budget 2017

Nirmala Sitharaman signals start-ups may get tax benefits in Budg...

Mon, Jan 16, 2017

Commerce and Industry Minister Nirmala Sitharaman on Monday indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.

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