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Latest Developments

23/10/24 At the Sa-Dhan National Conference on Inclusive Growth 2024, Shri M. Nagaraju, IAS, Secretary, DFS delivered the inaugural address, accompanied by a special address from Shri Jayant Kr Dash, ED, RBI. On the occasion, the SIDBI-Sa-Dhan Study Report ‘Bridging the Gap’ was launched which was accompanied by a thought-provoking address by Shri Manoj Mittal, CMD, SIDBI. Speaking on the occasion, Shri Mittal underlined the significance of responsible lending practices while making affordable credit accessible to the marginalised sections.

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14/10/24 SIDBI inaugurated its new branch in Tiruchirappalli, Tamil Nadu. The inauguration was led by Shri Manoj Mittal, CMD, SIDBI, who also handed over the sanction letters to MSMEs. The event witnessed the participation of Shri P Rajappa, President, TIDITSIA, Shri P Kumar, Vice President, TANSTIA, along with members of various industrial associations. SIDBI's presence is now extended in major MSME clusters, reflecting its commitment to empowering the sector.

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07/10/24 At the inauguration event of DefConnect 4.0, Hon'ble Defence Minister Shri Rajnath Singh applauded SIDBI for playing a crucial role in empowering MSMEs and start-ups in the defence sector. Defence Minister further launched iDEX ADITI 2.0 & iDEX DISC 12 and applauded iDEX for bringing innovation and technological developments in the Defence Sector. SIDBI, by offering financial support through various instruments and technical assistance via incubators, is driving innovation and contributing to the realization of #AtmanirbharBharat.

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4/10/24 SIDBI's new branch in Vellore, Tamil Nadu, was officially inaugurated by Shri Sanjay Narayan Singh, CGM, SIDBI alongside other SIDBI officials. The ceremony saw participation from entrepreneurs, local industry association members, and state government representatives. During the event, sanction letters were distributed to MSMEs, reaffirming SIDBI's commitment to fostering growth and development in the area.

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02/10/24 Hon'ble Finance Minister, Smt. Nirmala Sitharaman along with the Hon'ble Deputy Chief Minister of Arunachal Pradesh, Shri Chowna Mein and Hon'ble MP, Shri Tapir Gao (LS), participated in a cleanliness drive at the District Hospital, Namsai, Arunachal Pradesh, under the #SwachhataHiSeva2024 campaign. Also present in the campaign is Secretary DFS, Shri M. Nagaraju accompanied by Shri Manoj Mittal, CMD, SIDBI, Shri Shaji Krishnan V, Chairman, NABARD and other senior officials from DFS and SBI.

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