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SIDBI News

Ubharte Sitaare Fund

21 Aug 2021

Nirmala Sitharaman launches Ubharte Sitaare Fund

Sitharaman further said MSME businessmen will not have to undertake an audit for submission of their accounts. Uttar Pradesh has the highest number of MSMEs and has effectively implemented the One District One Product programme. The fund will go a long way in making India a major exporting hub, she said.

19 Jun 2020

PM SVANidhi scheme: SIDBI engaged as implementation agency to give special mic

PM SVANidhi targets to benefit over 50 lakh Street Vendors.

27 Sep 2017

IDBI Bank sells 9% stake in Sidbi

Earlier this week, the bank sold one percent stake in Sidbi.

27 Jun 2017

Heads of Exim Bank, IFCI, 2 others to be appointed by mid-July

The government is likely to appoint heads of four public sector financial institutions -- Exim Bank, IFCI, Sidbi and IIFCL -- by the middle of next month.

Stand up India loan scheme

03 Apr 2016

PM to launch 'Stand up India' scheme for loans to SC/STs, women on April 5

Prime Minister Narendra Modi will on Tuesday launch the 'Stand up India' scheme under which banks will give loans of up to Rs 1 crore to SC/ST and women entrepreneurs.

Stand Up India Scheme

06 Jan 2016

PM Modi's Stand Up India Scheme: All you need to know

Know the key facts of PM Narendra Modi's Stand Up India Scheme

02 Jun 2015

SIDBI's net profit up 7% at Rs 736 cr in second half of FY15

The Small Industries Development Bank of India (SIDBI) had reported a net profit of Rs 689 crore in the corresponding six months to March 2014 of the previous fiscal.

small industries

31 Mar 2015

SIDBI, World Bank ink $543 mn pacts for start-ups, MSMEs

Lender to small industries, SIDBI today signed USD 543 million (about Rs 3,400 crore) pacts with World Bank for two projects to provide debt assistance to start-ups, MSMEs and promote energy efficiency investments in the country.

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