SIDBI inks pact with TN to develop MSME ecosystem

Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small and Medium Enterprises (MSME), has entered a Memorandum of Understanding (MoU) with the government of Tamilnadu to develop the MSME ecosystem in the State. Continue Reading

SIDBI sets up crisis responsive fund

Small Industries Development Bank of India (SIDBI) has announced setting up ‘Swavalamban Crisis Responsive Fund’ to support free onboarding of MSMEs on Trade Receivables Discounting System (TReDS). Continue Reading

SIDBI announces liquidity to MSMEs

Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of Micro, Small & Medium Enterprises (MSMEs), has launched special liquidity scheme for MSMEs through banks including Small Finance Banks (SFBs), Non-Banking Financial Companies including fintech NBFCs and Microfinance Institutions (MFIs). Continue Reading

SIDBI organizes National Microfinance Congress 2019

Small Industries Development Bank of India (SIDBI), the apex financial institution that engages in the promotion, financing and development of Micro and Small Enterprises (MSEs) recently organized National Microfinance Congress – 2019 to deliberate on the vision of microfinance in India and aims to achieve the same in the backdrop of an evolving regulatory and economic landscape. Continue Reading

SIDBI awards performers in Micro, Small and Medium Enterprises

Small Industries Development Bank of India (SIDBI), the apex financial institution engaged in the promotion, financing and development of Micro and Small Enterprises (MSEs), acknowledged the achievements of MSEs and recognized the efforts of lenders who have taken illustrative steps for easing access to finance in this sector. Continue Reading

SIDBI signs MoU with Wadhwani Foundation

SIDBI has signed a Memorandum of Understanding (MoU) with Wadhwani Foundation’s National Entrepreneurship Network (NEN) to extend mentoring support to existing awardees of SIDBI ET India MSE Awards. Continue Reading