SIDBI Current Affairs - 2019

Category Wise PDF Compilations available at This Link

GeM inks MoU with SIDBI for MSMEs

Government portal for public procurement GeM (Government e-marketplace) has inked MoU with Small Industries Development Bank of India (SIDBI) to boost MSME ecommerce sales. The MoU aims to enable promotion of special initiatives of GeM, such as Womaniya and Start-up Runway, with SIDBI stakeholders. It also seeks to promote MSMEs, women entrepreneurs, and Self Help Read More…

Month:  Categories: Business, Economy & Banking

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New Policy for Overseas Borrowings

The Reserve Bank has come out with a new policy for overseas borrowings. The RBI has rationalized the earlier policy in consultation with the Government of India. Features of the New Overseas Borrowing Policy The features of the new policy are: The new policy allows all eligible borrowers to raise External Commercial Borrowings (ECB) up Read More…

Month:  Categories: Business, Economy & Banking

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Udyam Abhilasha: SIDBI launches national level entrepreneurship awareness campaign

Small Industries Development Bank of India (SIDBI) has launched Udyam Abhilasha (उद्यम अभिलाषा), a national level entrepreneurship awareness campaign. It was launched in 115 Aspirational Districts identified by NITI Aayog in 28 States. Udyam Abhilasha The campaign will run from 3 October to 8 October, 2018 across India and reach out to around 15,000 youth. Read More…

Month:  Categories: Business, Economy & Banking

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Finance Ministry launches web portal to grant loans to MSMEs within hour

Union Finance Minister Arun Jaitley launched portal www.psbloansin59minutes.com to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within hour without need for branch visit. The web portal will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from Small Industries Development Bank of India Read More…

Month:  Categories: Business, Economy & Banking

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SIDBI, CSC SPV ink MoU to provide financial support to village level entrepreneurs

Small Industries Development Bank of India (SIDBI) and Common Service Centres (CSC) Special Purpose Vehicle (SPV) signed MoU for providing financial support village level entrepreneurs in CSCs. Through the MoU, SIDBI will extend financial support to VLEs of CSCs, with minimum one year of operation, under its Direct Financing Window. Key Facts Through the MoU, both Read More…

Month:  Categories: Business, Economy & Banking

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SIDBI celebrates its foundation day

The Small Industries Development Bank of India (SIDBI) celebrated its foundation day this year on April 2, 2018. The day was celebrated as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate). Several initiatives were launched on this occasion. They are MSME contact programme; Samridhhi, a virtual assistant; revamped SIDBI website (www.sidbi.in) and Read More…

Month:  Categories: Business, Economy & Banking

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CriSidEx: CRISIL, SIDBI launches India’s first MSE Sentiment Index

The SIDBI (Small Industries Development Bank of India) and ratings agency Crisil have launched CriSidEx, India’s first MSE Sentiment Index for micro, small and medium enterprises (MSMEs). The index will help to indicate the current state and expected outlook on the MSME sector every quarter. CriSidEx CRISIL-SIDBI MSE Sentiment Index (or CriSidEx) has been developed Read More…

Month:  Categories: Reports & Indices

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