Page 3 of SIDBI

nandan nilekani, infosys, aadhaar, upi, india stack, global sme finance forum, sbi, sidbi, indian banks association, digital public infrastructure, dpi

Nandan Nilekani: SMEs are the biggest beneficiaries of Digital Public Infrastructure

“More than 50 million merchants are opting for digital mode of payment. Digitization helped us generate balance sheet quicker as…

Updated: September 14, 2023 12:16 IST

Tata Power, SIDBI, solar energy capacity in India, renewable energy capacity of india

Tata Power Solar, SIDBI to offer loans to MSMEs opting for rooftop solar PV plant

Tata Power Solar and SIDBI also launched The Big Solar Fest to encourage the adoption of solar energy among MSMEs…

September 13, 2023 11:34 IST

psb 59 minute loan scheme, sidbi, msme ministry, online loan in 59 minutes, msme dashboard, msme loans, small business loans

PSB loans in 59 minutes: 2.47 lakh loans sanctioned till September 1, up only 2% from year-ago period

In a month-on-month comparison, 2,46,997 loans involving Rs 85,054 crore were sanctioned as of August 1, of which 2,28,118 loans…

September 6, 2023 11:31 IST

Jindal SAW, OCTG threading plant, technology, manufacturing, Hunting Energy Services, investment, oil and gas sector, energy transition

Anicut Equity Fund raises Rs 50 crore from SIDBI under Fund of Funds for Startups

SIDBI has invested through the Rs 10,000 crore Fund of Funds for Startups (FFS) established in 2016 under the Startup…

September 5, 2023 11:59 IST

psb loans, 59 minute loan approval, sidbi, banks, borrowers, msme loans, small business loans, msme dashboard

PSB Loans in 59 Minutes: Rs 68,636 crore loans disbursed to MSMEs till August 1

The time taken for loan disbursement depends on the information and documentation provided by the borrower on the portal and…

August 18, 2023 11:50 IST

sidbi, transunion cibil, msme loans, msme npa, msme disbursements, 90 dpd, delinquency rate, small business loans

MSME delinquency rates in Q4 FY23 lowest in last 2 years: Report

Delinquency rates declined across all three lender categories. NBFCs showcased the most significant decline in delinquency rate at 3.6 per…

August 16, 2023 12:28 IST

sidbi, transunion cibil, msme loans, micro enterprises, micro loans, msmes in india, small business loans

India’s MSME base to grow to 7.50 crore units from 6.30 crore: Report

Of the 7.5 crore MSMEs, around 5 crore are expected to be new-to-credit (NTC) entities and lenders can tap into…

August 16, 2023 11:47 IST

startup, startup funding, sidbi, iim ahmedabad, top b schools, startups, startup culture, indian startup, SIDBI loan, startup loan, incubation center, investment, angel investment,

SIDBI to set up Accelerator Fund at IIM Ahmedabad’s CIIE startup incubator to back tech startups

The partnership is part of SIDBI’s new initiative India of Tomorrow under which it collaborates with different incubators in the…

July 31, 2023 17:17 IST

PSB Loans in 59 Minutes: This many loans sanctioned to MSMEs so far; loan value disbursed nears Rs 70,000 cr

PSB Loans in 59 Minutes: The scheme was launched back in November 2018 for in-principle bank approval to collateral-free term…

July 24, 2023 11:42 IST

GAME and SIDBI launch “NBFC Growth Accelerator Program” to ease funding woes of MSMEs

Credit and Finance for MSMEs: The NBFC accelerator programme will work on capacity building of at least 100 smaller NBFCs…

June 7, 2023 18:49 IST

sidbi, ev, electric vehicles, ev30@30, ev cars, msmes in ev, msme loans, ev financing, world bank, niti aayog, s raman, korea

SIDBI launches mission EVOLVE in association with NITI Aayog, World Bank, others for loans to EV MSMEs

Credit and finance for MSMEs: Under the initiative, SIDBI said it will give MSMEs access to affordable commercial financing for…

June 5, 2023 20:09 IST

msme, uttar pradesh, yogi aditynath, Yogi adityanath news. up government news, up business news, sidbi, mou, pledge scheme, land acquisition, business land in UP, industrial park, UP industries, UP MSMEs, UP growth, yogi adityanath government

SIDBI signs MoU with UP to support setting up of private industrial parks, MSMEs, green projects

Credit and Finance for MSMEs: SIDBI will offer financial assistance to meet the funding gap for establishing private industrial parks.

May 26, 2023 19:16 IST

Uber to start EV operation in India next month, inks multiple partnerships to drive green mobility

The ride-hailing platform has added fleet partners such as Lithium Urban Technologies, Everest Fleet, Moove to deploy 25,000 electric vehicles…

Updated: June 23, 2023 17:50 IST

electric vehicle, ev, electric scooters, electric cars, two wheelers, three wheelers, four wheelers, charging stations, battery swapping, sidbi, nbfcs, loans

SIDBI to give loans to MSMEs for buying electric vehicles; lend to NBFCs for EV financing

Credit and finance for MSMEs: According to SIDBI, a detailed discussion with stakeholders revealed that access to adequate finance including…

April 16, 2023 13:27 IST

sidbi, transunion cibil, msme loans, msme npa, msme disbursements, 90 dpd, delinquency rate, small business loans, msme credit demand, private banks, public banks, nbdc

Demand for MSME loans up by 1.7x in Q2 FY23: Report

Credit and finance for MSMEs: Lender-wise, credit demand grew by 1.9x and 1.6x as of September 2022 over two years…

March 26, 2023 15:11 IST

MSME NPAs drop to 12.5% while disbursements jump 24%: SIDBI-TransUnion Cibil report

Credit and finance for MSMEs: Among lenders, the highest NPA rate was of NBFCs at 4.5 per cent followed by…

March 23, 2023 16:52 IST

OmniBRx, sidbi venture capital, ubharte sitaare fund, CellBRx, bioreactors, vaccine development, stem cell, vc fund, biologics, covid, pharma

SIDBI’s VC arm invests Rs 30 crore in biotech company OmniBRx from its Ubharte Sitaare Fund

Credit and finance for MSMEs: OmniBRx said it will expand business in the overseas market with the latest infusion of…

March 14, 2023 15:38 IST

Govt’s 59-min loan scheme: 2.45 lakh loans sanctioned till March 1 in current FY, up 2.2% only from April

Credit and finance for MSMEs: The scheme provides for in-principle bank approval for collateral-free term loans or working capital loans…

March 12, 2023 17:48 IST

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Adani Defence under probe for Rs 77 crore import tax evasion on missile components: Report

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Indian authorities are investigating Adani Defence Systems and Technologies, a subsidiary of Adani Enterprises, for allegedly evading import taxes on missile components. The amount of tax evaded is significant and Adani denies any wrongdoing. This is not the first time the conglomerate has faced regulatory investigations.

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