SIDBI Current Affairs, GK & News
‘Ubharte Sitaare Fund’ to be launched
Finance Minister Nirmala Sitharaman is set to launch an ambitious ‘Ubharte Sitaare Fund’ on August 21, 2021. It will be launched for export-oriented firms and startups. Key Points Ubharte Sitaare fund has been set up jointly by Exim Bank and SIDBI It will be launched in Lucknow. Finance minister will also launch India Exim Bank’s ..
Month: Current Affairs - August, 2021
Category: Economy & Banking Current Affairs • Government Schemes Current Affairs
Topics: Exim Bank • Nirmala Sitharaman • SIDBI • Ubharte Sitaare Fund • Ubharte Sitaare Programme (USP)
S Ramann: New Chairman and Managing Director of SIDBI
The Government of India recently appointed S Ramann as the Chairman and Managing Director of Small Industries and Development Bank of India. About the Appointment The appointment is for a period of three years. The name of the new Chairman and Managing Director was recommended by Banks Board Bureau. Banks Board Bureau It is an ..
Month: Current Affairs - April, 2021
Category: Awards, Persons & Places in News • Persons in News
Topics: Banks Board Bureau • Chairman • nayak committee • Persons in News • Public Sector Banks (PSBs) • SIDBI • Small Industries Development Bank of India(SIDBI)
PM SVANidhi Scheme: UP secures the top rank
On 26 October, 2020, the Government of India announced that Uttar Pradesh secured the top rank PM SVANidhi Scheme. The state has approved the highest number of loans so far. Highlights Uttar Pradesh government has secured the top ranking in all categories of the PM SVANidhi Scheme. The categories include sanction, applications, disbursements of loans. ..
Month: Current Affairs - October, 2020
Category: Government Schemes Current Affairs
Topics: Loan • PM SVANidhi • SIDBI • Small Industries Development Bank of India(SIDBI) • Street Vendors • Swiggy • Uttar Pradesh
Rajasthan Partners with SIDBI to develop MSMEs
Industries Minister Parsadi Lal Meena said that Rajasthan’s Department of Industries and Sidbi partnered on September 12. 2020 to provide financial, technical, marketing and export support to Micro, Small and Medium Enterprises (MSMEs) in the state. Highlights The Small Industries Development Bank of India (Sidbi) has signed a memorandum of understanding (MoU) with Rajasthan Government. ..
Month: Current Affairs - September, 2020
Category: States Current Affairs
Topics: Growth of MSMEs • MSME • Rajastan • SIDBI • Small Industries Development Bank of India(SIDBI)
Highlights: Loans sanctioned under PM SVANIDHI scheme crosses 1 lakh
The micro-credit scheme of the government, PM Street Vendor’s Atmanirbhar Nidhi (PM SVANIDHI) to support the street vendors to meet their working capital requirements to tide over financial woes during the pandemic, has become quite popular in the country. Details Within 41 days of the implementation of the scheme, the number of loan sanctions and ..
Month: Current Affairs - August, 2020
Category: Government Schemes Current Affairs • India Nation & States Current Affairs
Topics: Micro Credit • NABARD • PM SVANidhi • SIDBI • Street Vendors