DARK SECRETS: Sidbi | Vintage Vibes

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

Sidbi net profit rises 14pc to record Rs 5,493 crore in FY26

Sidbi achieved a record net profit of Rs 5,493 crore in FY26. Its balance sheet and asset base saw significant growth during the financial year. Loans and advances increased by seventeen percent, reflecting strong business expansion. The bank maintained stable asset quality with a low gross NPA ratio. Sidbi also…

The Economic Times · Aug 26

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

Nine Parliamentary constituencies in Andhra Pradesh to get food processing centres

The Andhra Pradesh Food Processing Society (APFPS) is setting up nine Common Facility Integrated Production Centres (CFIPCs) in as many Parliamentary constituencies and 13 secondary millet processing units in the first phase at an estimated cost of ₹1,250 crore with the support of the Small Industries Development Bank of India…

The Hindu · May 22, 2023