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01/10/24 In the Credit Outreach Programme at Itanagar, Hon'ble Finance Minister Smt Nirmala Sitharaman has flagged off the Mobile Medical Unit in presence of Hon'ble Chief Minister of Arunachal Pradesh Shri Pema Khandu. The Mobile Medical Unit was provided by SIDBI under CSR initiative to Ramkrishna Mission Hospital, Itanagar for providing medical assistance to far flung / inaccessible areas of Arunachal Pradesh. SIDBI initiative has been appreciated by the Hon'ble Finance Minister. Also present on the occasion is Shri Chowna Mein, Hon'ble Deputy Chief Minister of Arunachal Pradesh and Secretary DFS India Shri M. Nagaraju.
01/10/24 Hon'ble Finance Minister Smt Nirmala Sitharaman handed over the sanction letters to the beneficiaries during the Credit Outreach Programme in Itanagar, Arunachal Pradesh in presence of Hon'ble Chief Minister of Arunachal Pradesh Shri Pema Khandu Also present on the occasion is Shri Chowna Mein, Hon'ble Deputy Chief Minister of Arunachal Pradesh and Secretary DFS India Shri M. Nagaraju accompanied by CMD, SIDBI Shri Manoj Mittal.
27/09/24 The inauguration of SIDBI's new branch in Jalgaon was presided over by Dr. Gurumukh Jagwani, former member of the Maharashtra Legislative Council. He was joined by Shri N.N. Estolkar, Joint Director of MSME DFO in Aurangabad, and Shri Sanjay Gupta, CGM, along with other SIDBI officials. The ceremony included the distribution of sanction letters to MSMEs, reaffirming SIDBI's commitment to fostering growth and development in the region.
25/09/24 SIDBI held its 26th Annual General Meeting (AGM) today at Lucknow Head Office, where it approved the audited financial results for the year ending March 31, 2024. Shri Manoj Mittal, CMD, addressed the members and provided an overview of SIDBI's financial and operational performance. He highlighted SIDBI's commitment to supporting the MSME sector, particularly underserved and unserved micro enterprises, through various initiatives. During the meeting Shri Sudatta Mandal, DMD and Shri Prakash Kumar, DMD were present accompanied by other members.
25/09/24 SIDBI inaugurated its Bareilly branch, led by Shri Rahul Priyadarshi, CGM, SIDBI. The event was accompanied by an MSME outreach program, which was attended by prominent local industrialists. During the program, SIDBI announced loan sanctions and extended grant support for the Enterprise Development Program, specifically for zari zardozi artisans.
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SIDBI, in association with Online PSB Loans Ltd (OPL) and iSPIRT, has developed a reference GST Sahay Application.
CIBIL, in collaboration with Online PSB Loans Limited (OPL), under the mentorship of SIDBI, launched FIT rank.
TReDS is an electronic platform for online discounting of bills of MSMEs for supplies to large Corporates.
CGTMSE set up by SIDBI and Ministry of MSME, GoI in 2000, operates the Credit Guarantee Scheme (CGS) for MSEs.
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