SIDBI
Mission 50K-EV4ECO
SIDBI has recently launched the pilot version of the Mission 50K-EV4ECO to promote the growth and development of value chain of India’s electric vehicle industry. It is expected to promote EV adoption and strengthen associated infrastructure in the country. Mission ..
Month: Current Affairs – April, 2023
Category: Economy & Banking Current Affairs
SIDBI – D&B SPeX
Small Industries Development Bank of India (SIDBI) and Dun & Bradstreet have recently inked a Memorandum of Understanding (MoU) to create the SIDBI-D&D Sustainability Perception Index (SIDBI – D&B SPeX). Key facts The SIDBI – D&B SPeX will be released ..
Month: Current Affairs - October, 2022
Category: Economy & Banking Current Affairs • Reports & Indexes Current Affairs
New Managing Director (MD) of NaBFID
Rajkiran Rai G has been appointed as managing director (MD) for five years. Appointment has been done by Centre and Board of National Bank for Financing Infrastructure & Development (NaBFID). His name was recommended by Financial Services Institutions Bureau (FSIB). ..
Month: Current Affairs - August, 2022
Category: Awards, Honours & Persons in News • Economy & Banking Current Affairs
What are the key schemes for strengthening Pharmaceuticals Industry of India?
On July 21, 2022, Ministry of Chemicals and Fertilisers unveiled three schemes in order to strengthen Micro, Small and Medium Enterprises (MSMEs) in pharmaceutical sector. Schemes were launched under the banner of ‘Strengthening Pharmaceuticals Industry’ (SPI). SIDBI will act as ..
Month: Current Affairs - July, 2022
Category: Government Schemes Current Affairs
‘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 ..
Month: Current Affairs - August, 2021
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 ..
Month: Current Affairs - April, 2021
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 ..
Month: Current Affairs - October, 2020
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 ..