AU SFB Q4 Results: PAT jumps 65% YoY to Rs 832 crore, NII rises 23%AU Small Finance Bank reported a robust 65% year-on-year surge in net profit for the March quarter, reaching Rs 832 crore. The lender also ...
DPIIT issues operational guidelines for Rs 10,000 crore Startup India Fund of Funds 2.0 schemeThe Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has issued the operational guidelin...
Brain health startup Ivory develops 'treadmill test' for brain; focusses on cognitive health in IndiaThe AI-powered startup offers cognitive assessments measuring attention, memory, and executive function, providing users with benchmarked s...
Inside the investment strategy of the government’s new Fund of FundsThe government has launched Fund of Funds 2.0 with a Rs 10,000 crore corpus. This new scheme aims to boost startup investments by supportin...
RBI proposes upper layer NBFCs to be defined by absolute asset size of ₹1 lakh crore+Reserve Bank of India is proposing a new rule for identifying top NBFCs. A simple asset size of Rs 1 lakh crore will now determine classifi...
Government approves Startup India Fund of Funds 2.0 with Rs 10,000 cr corpusThe government has approved a Rs 10,000 crore second tranche for the Startup India Fund of Funds Scheme. This initiative aims to boost earl...
FSIB selects IFCI MD as SIDBI head, Sanjay Shukla for NHB MDThe Financial Services Institutions Bureau (FSIB) has recommended Manoj Mittal as the Chairman and Managing Director of Small Industries De...
Empowering Bharat's MSMEs: Insights from the SIDBI ET MSME Conclave Series and a sneak peek into the upcoming Aurangabad editionExplore insights from the SIDBI ET MSME Conclave series, empowering Bharat's MSMEs. Join us for the transformative Aurangabad edition on Ma...
ET and SIDBI announce MSME Conclave. First event to be held in IndoreThe MSME Conclave in Indore aims to nourish and support the small businesses of the Bharat ecosystem. It will host networking opportunities...
SIDBI ET MSME Conclave: First event in Indore on Jan 9th to focus on policy reforms, nurturing MSMEsAimed at catalysing the next wave of growth opportunities and enabling knowledge exchange, the conclave will pave the way forward for susta...
Exporters welcome Reserve Bank of India's announcementsTirupur Exporters' Association also lauded the decision to extend a special liquidity facility of Rs 16,000 Crore to SIDBI for on lending/r...
FIDC seeks dedicated fund for small, medium NBFCsThe small and medium NBFCs account for more than 90 per cent of the total number of non-banking finance companies registered with the Reser...
SIDBI launches outreach programme for strengthening MSME ecosystem in HaryanaThis is the nine outreach programme under the initiative. Eight programmes have already been organised in the states of Uttar Pradesh, Biha...
NBFCs ask RBI for one-time restructuring of all loans till Mar 2021NBFCs have also demanded for extension of the Reserve Bank of India's moratorium to them, relaxation on provisioning norms and additional f...
RBI opens a separate liquidity window for NBFCs, microfinance firmsRBI Governor Shaktikanta Das announced Rs 50000 crore targeted long term repo operation (TLTRO 2.0) and mandated banks to invest at least 5...
After IL&FS crisis, SIDBI says will continue to support good NBFCsSIDBI says its focus has always been on qualitative, high rated NBFCs who are actually rendering some service to MSMEs.
SIDBI has a vision 2.0 for MSME well-beingMSMEs are currently reeling under the twin impact of last year's demonetisation and GST.