Announcing measures like cut in the repo rate and further measures to support the market through video conferencing , Reserve Bank of India Governor, Shaktikanta Das on Friday stated that citizens must have faith in India’s resilience and capacity to overcome all odds.

KITCO, a technical consultancy organisation established by various commercial banks and the Small Industries Development Bank of India (SIDBI), is the lone bidder that has evinced interest in preparing a detailed project report (DPR) to convert the Kozhikode Bypass into a four-lane carriage way.

The Small Industries Development Bank of India (SIDBI) has signed a loan agreement worth about Rs 1,800 crore with Japan International Cooperation Agency (JICA)

The Coimbatore Small Industries Association (Codissia) is on its mega initiative of promoting a green industrial estate on the outskirts of Coimbatore.

Small Industries Development Bank of India (Sidbi) has received Rs 5,000 crore of refinance from the Reserve Bank of India (RBI) for a year to ease liquidity stress in the micro and small enterprises sector.

Speaking at a seminar organised by FICCI, Sushil Muhnot, CMD, of Small Industries Development Bank of India (SIDBI) said the margin cap imposed by Reserve Bank of India (RBI) for microfinance institutions (MFIs) would lead to consolidation in the sector. In order to prevent MFIs from charging usurious interest rates, the RBI earlier imposed a 12 per cent margin cap, which is the difference between cost of fund

Data released by Microfinance Institutions Network (MFIN) shows private equity investors (PEs) invested $168 million (close to Rs 10,000 crore at current value) in the microfinance sector in 2012-13. Besides PEs, investors multilateral and government-supported funds like SIDBI and IFC also invested in the sector during the year. In fact, reports suggest that these kinds of investors contributed a large part

In 2013-14, Small Industries Development Bank of India (SIDBI) plans to issue bonds and other instruments with a cumulative worth of Rs 13,500 crore to expand its business operation, agency reports indicate. The development bank would issue various instruments including bonds, Certificate of Deposits (CDs) and fixed deposits to raise the

The Government has approved six foreign direct investment (FDI) proposals worth over Rs 732 crore based on the Foreign Investment Promotion Board’s recommendations. The two largest proposals notified by the Finance Ministry include Hyderabad-based Navayuga Road Projects’ plans to make downstream investments in its Special Purpose Companies worth Rs 357.60 crore and SIDBI Social Venture Trust’s submission to bring in foreign investment worth Rs 285 crore by allotting some units of the Fund.