Latest Development & Notifications- Small Industries Development Bank of India

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Latest Developments & Notifications

S. No.	Title	Date
27/09/25 CMD, SIDBI inaugurated new branches at Greater Noida and Aligarh, further strengthening SIDBI’s footprint across key MSME clusters. The Greater Noida event saw participation from over 50 MSMEs and industry associations, where sanction letters and cheques were distributed. On this occasion, CMD, SIDBI also shared future-oriented initiatives such as the Mid Corporate Cell, R&D funding, and innovative products. At Aligarh, the focus was on empowering the local MSME cluster with enhanced credit access, along with the distribution of sanction letters and cheques to entrepreneurs, thereby reinforcing SIDBI’s commitment to cluster development and inclusive growth. Both events witnessed active engagement from MSMEs and industry bodies. With these new branches, SIDBI continues to expand its reach, nurture entrepreneurship, and drive MSME-led growth.	2025-09-27
24/09/2025 At the Development of Industry Associations – National Conclave 2025, SIDBI welcomed more than 150 delegates from 105 associations, representing 90 MSME clusters across 23 states. In his address, CMD, SIDBI emphasized the pivotal role of associations in cluster development and their contribution to building vibrant MSME ecosystems. He reiterated SIDBI’s commitment to strengthening associations both professionally and financially, ensuring their sustainability and resilience, while conveying his key message: “Strong Clusters need Strong Industry Associations.” The conclave also marked the launch of the Industry Portal, a B2B platform designed to foster collaboration and growth across diverse sectors such as engineering, plastics, printing, textiles, and food processing. By combining financial support with digital tools, SIDBI aims to empower MSMEs, driving inclusive, sustainable, and globally competitive growth.	2025-09-24
18/09/2025 India’s growth story is being redefined by its 7.3 crore MSMEs and over 1.9 lakh startups, which are emerging as the engines of Viksit Bharat 2047. At the inaugural edition of “Nurturing Global Champions from Indian MSMEs & Startups” held in Mumbai, SIDBI brought together leaders, policymakers, and experts to chart this transformative journey. In his welcome address, CMD, SIDBI highlighted how Alternative Investment Funds (AIFs), credit, and innovation are enabling Indian enterprises to scale into resilient global champions, thereby strengthening the nation’s growth and competitiveness on the world stage.	2025-09-18
9/18/2025 The Swachhata Pledge was observed today at SIDBI’s Mumbai Office, led by the CMD, SIDBI, with the event also graced by Ms. Neelam Agarwal, Director, DFS. The initiative reflected a collective resolve to strengthen awareness and action for cleanliness and sustainability. From 17th September to 2nd October 2025, the nation will commemorate Gandhiji’s vision of cleanliness and sustainability through a series of initiatives, including mega cleanliness drives, Shramdaan activities such as Ek Din, Ek Ghanta, Ek Saath, recognition of the contributions of Safai Mitras, administration of cleanliness pledges, and the promotion of eco-friendly practices. SIDBI remains committed to integrating social responsibility with growth, thereby contributing to the larger goal of nation-building.	2025-09-18
5/09/2025 SIDBI’s new office premises of the Mumbai Regional and Branch Office will serve as a one-stop hub for local MSMEs, offering faster credit, customised solutions, and support for sustainable growth. With fully digital lending, financial assistance can now be accessed within 48 hours, complemented by Credit-Plus and developmental support. The office was inaugurated by CMD, SIDBI, marking a significant step towards strengthening the MSME ecosystem across the metropolitan region. During the event, sanction letters were also issued to SIDBI customers.	2025-09-05
4/09/2025 SIDBI, in collaboration with CRIF India High Mark, has released the Small Business Spotlight – June 2025 Report, offering a data-driven perspective on the evolving small business lending landscape in India. This comprehensive report highlights key insights and emerging opportunities within the small business sector, underscoring its critical role in shaping the future of enterprise and economic growth. An important step forward in empowering small businesses and fostering innovation led development.	2025-09-04
25/08/2025 Great discussions took place at FIBAC – India’s premier banking conference organized by FICCI and the Indian Banks’ Association (IBA) – on the evolving MSME landscape. It was noted that MSME lending has grown strongly over the last five years with improved asset quality. For exporting MSMEs, market diversification emerged as a key risk mitigant in the face of rising tariffs. Credit guarantees, particularly CGTMSE, were highlighted as crucial for unlocking the next wave of growth and boosting financing to NTC borrowers. Additionally, formalization efforts such as the Udyam Assist Platform were recognized as potential game changers, especially for Informal Micro Enterprises (IMEs). The discussions underscored that the future of MSMEs will depend on collective innovation across policy, finance, and technology.	2025-08-25
15/08/2025 This Independence Day, we salute not just our Tricolour, but the countless dreams it inspires. At SIDBI, every flutter of the flag reminds us of the resilience of India’s MSMEs - the true backbone of our economy. From small beginnings to big achievements, they carry the spirit of self-reliance forward. Today, as we hoist our national flag, we reaffirm our commitment to empowering entrepreneurs across the nation. Together, we build a future where every dream has the freedom to grow.	2025-08-15