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SIDBI SCHEME
IN-SPACe picks Astrobase, SatSure and TM2SPACE for first funding under Technology Adoption FundThe three companies are the first beneficiaries under the scheme, which was launched earlier this year. They were chosen after a multi-stag...
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...
MSME Ministry showcases PM Vishwakarma’s transformative livelihood impact at Civil Services Day sessionDr Rajneesh, Additional Secretary & Development Commissioner, MSME, moderated the session and outlined the scheme’s vision and digital, pap...
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...
Minister Mandaviya launches SIDBI scheme for Jan Aushadi Kendra operatorsHealth Minister Mansukh Mandaviya announced a credit assistance scheme by SIDBI to strengthen and expand Jan Aushadi Kendra network. Loan w...
Sidbi to revamp India Microfinance Equity FundThe Small Industries Development Bank of India (Sidbi) is working on revamping the India Microfinance Equity Fund (IMEF), which failed to t...
SIDBI signs pact with DLAI to boost fintech sectorThe Small Industries Development Bank of India (SIDBI) has signed a Memorandum of Understanding with the Digital Lenders Association of Ind...
Sidbi's India Microfinance Equity Fund doesn't find many takersSeveral NBFC-MFIs found the clauses attached for taking the funding support from Sidbi quite stringent. They believe the clauses may create...
Sidbi keen on coming out with venture debt scheme: CMD S RamannS Ramann said some action from the government in terms of working towards a corpus that can go into venture debt will be seen soon. The dev...
O2 supply companies to get loans from Sidbi at 4.5-6%Under the SHWAS (Sidbi assistance to Healthcare sector in War Against the Second wave of Covid) scheme, MSMEs engaged in manufacturing of o...
Tata Power, SIDBI join hands for rooftop solar financing for MSMEsTata Power and SIDBI have joined hands to design a solar financing solution to help MSME players with financial aid without any collateral ...
SIDBI's 'Standup Mitra' portal records over 96,000 loan sanctionsThe Stand-Up India scheme aims to ensure access to women, SCs and STs by providing them financial assistance starting of Rs 10 lakh to Rs 1...
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...
SAFE and SMILE, two SIDBI schemes that can help you raise money during Covid-19Finding money and funding for your business has become very difficult. However, two SIDBI schemes can provide some succor.
Sidbi to provide loans up to Rs 50 lakh to MSEs manufacturing medical supplies to fight Covid-19The special scheme will help MSEs to acquire equipment, plant and machinery, other assets including raw materials required for production o...
Three months after govt’s guarantee scheme, NBFCs still awaiting fundsLack of clarity on whether to treat the transactions between the banks and NBFCs as ‘securitisation’ deals or as ‘pass-through certificates...
MSME Scheme: How the Micro Finance Programme is providing funds to small businessesTo ensure easy availability of finance, the Government offers the Micro Finance Programme wherein the security deposit of loans sought by M...
- SIDBI offers 9.84 per cent yield on 12-13-month fixed deposits
SIDBI said that it now offers general investors and bulk depositors an annualised yield of 9.84 per cent on its fixed deposit scheme with a...
- SIDBI offers 9.84% yield on 12-13 month fixed deposits
SIDBI offers an interest rate of 9.50 per for fixed deposits of 12-13 months duration; 9.25 per cent for fixed deposits of 14-36 months' du...
- Rs 2000cr Budget booster for SIDBI to lend more to small units
Backed by a Rs 2,000-crore fund announced in the Union Budget for boosting credit flow to small and medium firms , the Small Industries Dev...