Mumbai: SIDBI plans to broaden and deepen its scope of lending to small and medium businesses by upgrading its lending portal Udyamimitra. The upgraded portal will put in place a digital financial market place for micro, small and medium enterprises (MSMEs) to leverage the pr…
Tag: SIDBI
FinMin plans to organise series of Mudra Promotion Camps in bid to accelerate self-employment
In a bid to accelerate self employment opportunities, the finance ministry has decided to organise Mudra Promotion Camps across the country beginning September 27 from the Prime Minister’s constituency Varanasi. As part of the special drive, 50 camps, including one each in state capitals, will be…
KITCO brings a hand-holding programme for cash-starved MSMEs
The programme will be inaugurate by Kerala Industry Minister A C Moideen on September 15 to mark 45th anniversary celebration of KITCO
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Andhra Pradesh building Rs 500 cr fund for emerging fintech start-ups
Accumulated fund expected to be operational under Vizag Fintech Valley by March 2018 by pooling investment of Rs 100 crore from State government and remaining from potential investors like SIDBI
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UP Startup Yatra kicks off with Rs 1k cr corpus; SIDBI MoU in offing to bolster campaign
MoU to be signed with SIDBI on September 15 to boost Yatra; Rs 25 lakh to be given to 350 leading educational institutions to encourage around 40k students for start-ups
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SIDBI operationalises merchant banking to push capital access of MSMEs
SIDBI has supported over 125 Venture Capital Funds, finds an extended service for listing the investee companies in SME exchanges through its merchant banking operations
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FISME & SIDBI lay track to accelerate MSE procurement in Railways
FISME urges for 100% reservation on development orders for new firms with reduction in registration fee, SIDBI to jointly work with industry associations to disseminate information about the opportunities for MSMEs to work with Railways
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International Training Workshop organised by QCI-GIZ to improve MSME ecosystem
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) and Quality Council of India (QCI) are organising a two-day international training workshop for Business Membership Organisations (BMOs) themed ‘MSME Cluster: Innovation & Internationalisation Strategy’ from July 20 to July 21, in …
RBI urges banks to look beyond big tickets & focus on MSME lending
Mundra said there are many “strong and logical” reasons to showcase the importance of the MSME sector in strengthening banking industry because big industrial loans have huge problems and banks cannot merely rely on consumer and/or retail loans.
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SIDBI launches Certified Credit Counsellor programme for MSMEs
SIDBI has launched a programme for Certified Credit Counsellor for MSME on July 11. The program was launched by S S Mundra, Deputy Governor at Mumbai and attended by senior officials of RBI, banks and other stakeholders concerning MSME including from industry associations. MSMEs sector faces seve…