SIDBI
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Opportunity India Desk Oct 06 2023 - 3 min readSmall Industries Development Bank of India (SIDBI), in collaboration with the Shell Foundation, has introduced a USD 6-million Risk Sharing Facility (RSF) aimed at enhancing financial accessibility and promoting the widespread adoption of electric two- and three-wheelers throughout India. SIDBI, the country’s principal financial institution for MSMEs and Shell Foundation, the ...
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Opportunity India Desk Oct 05 2023 - 2 min readFinance Minister Nirmala Sitharaman has underlined the need to increase SIDBI's direct finance share for MSMEs to address their growing capital requirements. She also inaugurated a new branch of the Small Industries Development Bank of India (SIDBI) in Coimbatore. According to SIDBI, Sitharaman highlighted that while SIDBI primarily engaged in indirect ...
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Opportunity India Desk Sep 25 2023 - 2 min readThe Small Industries Development Bank of India (SIDBI) has signed an agreement with the Digital Lenders Association of India (DLAI) to propel the growth of the fintech sector in the country. The agreement calls for cooperation with SIDBI to create standard protocols to hasten the implementation of digital lending partnerships, such ...
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Priyanka Tanwer Sep 22 2023 - 2 min readEuler Motors, a commercial electric vehicle company on Friday collaborated with the Small Industries Development Bank of India (SIDBI) for the visionary “Mission 50K-EV4ECO” programme, aimed at catalysing the entire EV value chain, the company said. According to the press release, this strategic partnership aims to revolutionize the electric vehicle financing ...
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Himanshu Rawat Sep 13 2023 - 2 min readTata Power Solar Systems Limited (TPSSL), a company specialized in solar energy services, has signed a Memorandum of Understanding (MoU) with Small Industries Development Bank of India (SIDBI) to provide an easy financing option for micro, small and medium enterprises (MSMEs) for solar energy adoption. The partnership has also launched ‘The Big Solar ...