Small Industries Development Bank of India Current Affairs, GK & News

SIDBI, TransUnion CIBIL launch financial knowledge platform for MSMEs

July 31, 2020

The Small Industries Development Bank of India (SIDBI), in association with TransUnion CIBIL, has launched a comprehensive financial education and knowledge platform meant for the micro, small and medium enterprises functioning in the country. Highlights Known as MSMESaksham, this new platform will guide the MSME sector in search of seamless and quick access to finance ..

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What is the recently launched Credit linked Capital Subsidy Scheme (CLCSS) for MSMEs?

September 6, 2019

The Indian Government has decided to extend a special Credit Linked Capital Subsidy Scheme (CLCSS) for Technology Upgradation to the MSMEs. This money is to be utilized for the Technology Upgradation. The Indian Government relaizes that the equipping a business with technology is fiscally draining and this problem is even more severe for the Micro, ..

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GeM inks MoU with SIDBI for MSMEs

August 31, 2019

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 ..

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Government e Marketplace (GeM) signs pact with SIDBI to enable growth of MSMEs, Start-ups and Women Entrepreneurs

August 30, 2019

The Government e Marketplace (GeM) has signed an MoU with Small Industries Development Bank of India (SIDBI) to benefit MSMEs, women entrepreneurs, Self Help Groups (SHGs), Women Self Help Groups (WSHGs) and various loan beneficiaries under MUDRA and Stand-up India scheme. The MoU will enable promotion of special initiatives of GeM like Womaniya and Start-up ..

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SIDBI introduces web-based application system for contribution from Fund of Funds for Startups (FFS)

July 18, 2019

SIDBI has introduced web-based application system for contribution from Fund of Funds for Startups (FFS). The applications for contribution from various Alternative Investment Funds (AIFs) will now be accepted online and the status of the same shall be accessible to applicants, thereby increasing the transparency in the system. The provision of submission of online application ..

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