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Saturday, February 22, 2025

SIDBI

PNB sanctions loan worth Rs. 689 Crores to 1600 MSMEs through 59 minutes loan Portal

State-possessed Punjab National Bank (PNB) has authorized credits worth Rs689 crore to more than 1,600 Micro, Small and Medium Enterprises (MSMEs) through the psbloansin59minutes.com portal as a major aspect of its push to advance such businesses. Under the Mudra Yojana,...

Has the PSB loan scheme has been reached the expectations of MSMEs

The year 2018 has come up with the catalog of true news for the MSMEs badly impacted by using the results of Demonetisation & GST. The largest announcements for the MSME zone in 2018 was the ‘59 minute’ PSB...

AWAKE – Association of Women Entrepreneurs of Karnataka Women Entrepreneurs Day – 2018

Small Industries Development Bank of India - SIDBI in Association with Association of Women Entrepreneurs of Karnataka (AWAKE) jointly organised One day WOMEN ENTREPRENEURS DAY on 20.11.2018 was conducted at AWAKE, Rajajinagar, Bengaluru. Around 151 Members attended the program. Chief...

Crisis of NBFCs poses more growth headwinds-Know the report

The progressing emergency of confidence in non-banking financial organizations NBFCs may turn out to be a delay financial development, as balance sheet constraints and higher funding expenses may provoke these shadow banks to back off loaning, cautions a report. In...

Finance Minister Arun Jaitley have been launched a portal to grant MSME loans within an hour

Union Finance Minister Arun Jaitley released a brand new portal PSB loans in 59 minutes to permit MSMEs to get the in the precept approval of loans in an hour without the necessity for branch visit. The web portal will...

Role of SMEs in economic development of India

It’s true to say that small, medium and micro enterprises (SMEs) have always been the backbone of the Indian economy from the starting and secondary sector in later. Role of SMEs in the economic development of India like SMEs...

Useful Online Resources for Startups & SMEs in India

Choosing business services and school product to run startups is simple now! With a couple of clicks, startups will realize all support online anytime, anywhere. There are various one stop retailers that facilitate Indian start-ups and SMEs with an...

Doubling of SIDBI Fund of Funds Operations Focusing MSME and Startups

In its 7th meeting on the February 11, 2017 VCIC examined requests from 11 fund managers and cleared for sanction requests from 9 Funds aggregating Rs. 300 crores. It is evident that there is a significant upsurge in the...
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Latest News

CII Pune Launches Year-Long MSME Training Program

The Confederation of Indian Industry (CII) Pune chapter has announced a series of workshops across western Maharashtra to support...
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