UNCOVERED: Sidbi | History Defined

Government mulls simplifying application process under Press Note 2 to ease FDI flow from border nations: Sources

The government had relaxed FDI restrictions imposed under Press Note 3 for countries sharing land borders with India, such as China and Pakistan, through Press Note 2 in March.

The Economic Times · 1h ago

The missing middle in Asia’s finance puzzle: AVPN CEO on MSMEs, capital and capability

From MSME finance and AI skilling to blended capital and climate investment, AVPN CEO Naina Subberwal Batra explains why coordination is becoming critical to Asia’s development agenda.

The Economic Times · Oct 1

NABARD marks 23rd GI Day; facilitates GI applications for six Delhi products

Nabin Kumar Roy, Chief General Manager, NABARD, New Delhi Regional Office, highlighted the expansion of NABARD’s GI initiative in Delhi from three products identified last year to nine products currently

The Economic Times · Sep 15

NSRCEL IIM Bangalore and SIDBI launch pre-seed deep tech accelerator fund for start-ups in deep tech and emerging businesses area

IIM Bangalore’s NSRCEL and SIDBI have collaborated to establish a pre-seed fund, specifically for start-ups in the deep tech and emerging businesses area. The MoU signed between the two organizations laid the foundation for a multi-year relationship to nurture startups and lead them towards scaling up their business activities.

The Hindu · Jan 31, 2024

More than 1 crore informal MSMEs brought into formal sector, says official

Government emphasises need to create financial literacy & awareness of schemes for MSMEs growth.

The Hindu · Dec 15, 2023

SIDBI signs pact with APIIC to improve credit linkage to MSMEs in Andhra Pradesh

The Small Industries Development Bank of India (SIDBI) signed an agreement with Andhra Pradesh Industrial Infrastructure Corporation (APIIC) to improve institutional credit linkage to MSMEs in the State, especially those who have set up their units in APIIC Industrial Parks.  

The Hindu · Nov 29, 2023

Defence incubation centre in Coimbatore signs agreement with SIDBI

CODISSIA Defence Innovation and Atal Incubation Centre (CDIIC) has signed an agreement with Small Industries Development Bank of India (SIDBI) to get funding for startups incubated at its Coimbatore facility. SIDBI has allocated ₹2 crores and will invest up to 10% of company's value for startups recommended by CDIIC. Union…

The Hindu · Oct 3, 2023

Anicut Equity Fund raises ₹50 crore from SIDBI

Chennai-headquartered Anicut Capital has secured an investment of ₹50 crore from the Small Industries Development Bank of India (SIDBI) for the Anicut Equity Fund

The Hindu · Sep 5, 2023

Ensuring self-reliance is the best gift for physically challenged persons, says former Central Vigilance Commissioner K.V. Chowdary

K.V. Chowdary distributed 30 kiosks to physically challenged persons to establish pan shops, wheelchairs, tricycles and hearing aids. SIDBI provided financial assistance and livelihood support to over 300 needy individuals.

The Hindu · Sep 3, 2023

‘Financial literacy absent among most MSMEs in Karnataka’

Financial literacy is literally absent in a majority of Micro, Small and Medium Enterprises (MSMEs) in Karnataka, said C.A. Shashidhara Shetty, president, Karnataka Small Scale Industries Association (KASSIA).

The Hindu · Aug 30, 2023