#SIDBIMou | SIDBI signed an MoU with @airbus_helicopters for financing the purchase of their helicopters in India. The MoU aims to identify potential civil helicopter operators in India interested in opting for financing while purchasing Airbus helicopters. Airbus will provide the technical and helicopter industry knowledge to SIDBI. The MOU signatories were Shri Rahul Priyadarshi, CGM, SIDBI and Shri Sunny Guglani, Head of Airbus Helicopters, India and South Asia. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MoU #SIDBIMou
SIDBI in association with SOS Children’s Villages of India, inaugurated the Entrepreneurship Development Programme at Hyderabad, aiming to enhance the capacities of several rural women by skilling and facilitating the establishment of own micro units. The program focuses on marginalized women from Shankarpally, Moinabad, and Chevella Mandal of Rangareddy, equipping them with essential skills for better livelihood opportunities and income enhancement in their trades. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SkillDevelopment #DevelopmentProjects #Livelihood #EntrepreneurshipDevelopmentProgramme
SIDBI participated in the "Development of National Waterways in Goa" conference organized by the Inland Waterways Authority of India, addressing the forum on CGTMSE scheme for MSEs and promoted Green Finance Schemes for MSMEs in shipbuilding. Additionally, SIDBI briefed attendees on the SCDF scheme to foster state infrastructure for future waterways, actively involving, with the Government of Goa to build a GREEN GOA. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #GreenFinanceScheme #DevelopmentProjects #GreenGoa #CGTMSE #SIDBI_Benglauru #SIDBI_Pananji
SIDBI participated in the panel discussion at “Cashew Fest-Goa-Season 2,” promoting innovative financing schemes such as EXPRESS and the Green Finance Scheme. The discussion highlighted the importance of adopting green measures to build a vibrant MSME ecosystem. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #GreenFinanceScheme #DevelopmentProjects #EXPRESS #SIDBI_Bengaluru #SIDBI_Panaji
#SIDBIMoU | SIDBI signed an MoU with Amity University, Lucknow, to promote #enterprise creation and capacity building, providing mentoring and handholding support to entrepreneurs to foster #successful #entrepreneurs. Under this MoU, the Skill to Enterprise Model (STEM) programme will be launched to train and nurture aspiring skilled youth into entrepreneurship, contributing to Atmanirbhar Bharat. The MoU was signed by Shri Sandeep Varma, CGM, SIDBI & CEO, CGTMSE, and Wg. Cdr. Prof. Anil Kumar Tiwari, Pro VC, Amity University, in the presence of officials from SIDBI and Amity University. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #AtmanirbharBharat #AmityUniversity
At the Association of Development Financing Institutions in Asia and the Pacific, Dr. Rajneesh, DC, MSME in a panel discussion, addressed the delegates from the Asia Pacific region and talked about MSME’s contribution to the Indian economy and how they are making it stronger and more resilient. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
SIDBI in association with Expert Skill Development Pvt. Ltd. inaugurated an Embroidery Designing for Jutti/Footwear Skill cum Livelihood Development Programme in Jaipur, aiming to empower marginalized women in Hanumangarh by teaching them embroidery design for juttis and garments, helping them start their own businesses or associate with MSMEs. During the programme, tool kits were distributed and women’s empowerment initiatives of SIDBI were discussed with the participants. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
SIDBI in association with Indian Bath Fitting Manufacturers Association Gurugram organized an MSME meet at Delhi, to address the financing challenges faced by MSMEs. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI_NewDelhi #IBMA #MSME #Finance
🌟 Celebrating India’s athletes, the pride of our nation! 🇮🇳 On World Athletics Day, SIDBI stands ready to support their dreams. 💪 #AthletesofIndia #SIDBI #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
At the Association of Development Financing Institutions in Asia and the Pacific, Shri Prakash Kumar, DMD, SIDBI, in a panel discussion, addressed the delegates from the Asia Pacific region and talked about the role of SIDBI to support MSMEs and Greenig the Enterprise Ecosystem. He explained the industry in detail and also went in-depth about the climate financing and green financing initiatives taken up by SIDBI, which is showing positive results. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
SIDBI in association with Apparel Export Promotion Council interacted with the entrepreneurs in apparel production and export in Gurgaon, wherein discussions revolved around interventions to support the MSME ecosystem and information on schemes like SAPHAL for HSIIDC plots, EXPRESS, 4E, #SPEED, and the Green Finance Scheme. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
As a part of Skilling for Livelihood Programmes, SIDBI in association with Indo German Tool Room organised training for several unemployed youths, mainly from tribal regions in Gujarat. The participants underwent a comprehensive training in CAD, CAM, CNC, Automation, Robotics, and more. During the valedictory session, SIDBI encouraged the participants in their future endeavours, to utilize their newfound skills, form supportive networks, and share experiences for maximum benefits. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
Under SIDBI’s Cluster Intervention Programme at Tourism Cluster J&K, a capacity building program was organised for artisans and micro units in Kupwara, Budgam & Kokernag, focusing on themes like online marketing, operational management, finances, online presence, and communication skills. The program aims to bolster micro artisan clusters dependent on the tourism activities. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #Financing #DevelopmentProjects #TourismCluster
SIDBI in association with Gujarat Chamber of Commerce & Industry organised a seminar on “E-Commerce – Threat or Opportunity” in Ahmedabad, aimed to spread awareness about ONDC and encourage MSMEs to join the platform for business expansion. During the event, SIDBI emphasized their role in bolstering India’s MSME ecosystem, encouraging businesses to embrace e-commerce for competitiveness and market expansion. ONDC and Zyapaar representatives, also elaborated on the benefits of joining the ONDC platform, covering onboarding, buyer & seller apps, payment, logistics, and other questions. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
Under the SIDBI Cluster Intervention Programme at Tourism Cluster Uttarakhand, a capacity development programme was organised for several homestays along the famous Char Dham Yatra route. Three batches have completed the program at Joshimath, Guptkashi, and Ukhimath. The intervention aims to work closely with local youth to establish homestays, particularly in ecologically sensitive areas, focusing on capacity building through skill development, training, and handholding support, with a focus on sustainability and environmental sensitivity as key priorities. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #ClusterIntervention #TourismCluster #Uttarakhand #Homestays #SkillDevelopment
Under the SIDBI Cluster Development Fund, SIDBI entered into an agreement with the Finance Department, Government of Bihar, aiming to facilitate the modernization, upgrading, or establishment of MSME clusters in Bihar. The agreement was signed between SIDBI and Shri Arun Kumar, Joint Commissioner, Govt. Of Bihar, in the presence of Shri. Deepak Anand, IAS Secretary, Govt. of Bihar, and other SIDBI officials. It enables the use of SCDF funds in Bihar, boosting its industrial, energy, tourism, and non-farm infrastructure development. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #ClusterDevelopment #FinanceDepartment #Bihar #MSMECluster
Shri Sudatta Mandal, DMD, SIDBI attended a panel discussion on Policy Panel : Local currency Financing and Exchange Rate Risk in infra4dev Conference organised at Rabat, Morocco. He emphasised the need of resources in local currency for development projects especially for Green Financing and other ESG projects. He also highlighted the success of World Bank led PRSF project and it's implementation by SIDBI. The same type of guarantee coverage may be replicated in other developing countries for its development projects. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #Financing #DevelopmentProjects #GreenFinancing
SIDBI joined the panel at the NSE event in Bengaluru, discussing ‘Accelerating Social Impact with Social Stock Exchange.’ The valuable insights on advancing investment in NPOs and capacity building hint at a strong partnership between SIDBI & SSE. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SocialStockExchange #CapacityBuilding
SIDBI in association with Arunodaya Sarveshwari Lok Kalyan Samiti inaugurated an Enterprise Promotion Programme in Chittorgarh and Pratapgarh to boost new enterprises. During the event, Women participants were motivated to embrace entrepreneurship, supported by initiatives like Udyami Mitra and Udyam Assist Portal under Pradhan Mantri Mudra Yojana. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #UdyamiMitra #UdyamAssistPortal
SIDBI organised an outreach programme with entrepreneurs from Agro MSME industrialists in Pratapgarh. During the programme, discussions revolved around interventions and schemes targeting the enhancement of the Agro MSME ecosystem, including Green Finance Schemes tailored to meet energy needs in Agro Processing units across the Pratapgarh region. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MSMEecosystem #OutreachProgramme #GreenFinanceSchemes #AgroIndustry
SIDBI in association with #BCCI and #FPA, organised an outreach program with entrepreneurs from Footwear Park, Bahadurgarh. During the program, SIDBI discussed various interventions and schemes aimed at strengthening the MSME ecosystem, including SAPHAL for #HSIIDC plots, EXPRESS, 4E, #SPEED, and the Green Finance Scheme. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
Shri Sudatta Mandal, DMD, SIDBI attended a panel discussion in WBAF Financial Inclusion Conference organised at London Stock Exchange, London. He explained about the MSME financing in India and several SIDBI initiatives on financial technology using the Public Digital Infrastructure. He briefed about the contactless end to end digital journey to MSME funding. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #WBAFFinanceInclusion #MSMEGrowth
SIDBI participated in India Sports Good Expo in Jalandhar, wherein several MSMEs from across India engaged in sports manufacturing attended the event. During the event, SIDBI interacted with visitors and exhibitors, discussing various of it’s schemes and digital initiatives. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #IndiaSportsGoodExpo #Jalandhar #MSMEs #SportsManufacturing
SIDBI in association with Navya Disha NGO has launched Yuva Udyami - An Entrepreneurship Development Programme in Tumkur, aiming to empower young entrepreneurs to thrive in the business world. The programme will allow youth to undergo training, mentorship, and resource access to turn their ideas into successful ventures. Together, SIDBI and Navya Disha foster an environment where young innovators can contribute to economic and social progress. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #NavyaDisha #Entrepreneurship #YuvaUdyami #Empowerment #SIDBI_Bengaluru
SIDBI participated in the conference “Investment Bazaar for Energy Efficiency” organised by RREC in Jaipur, during which, SIDBI delivered the special address in which the functioning and schemes to help develop MSMEs were highlighted, with a focus on Green Financing. An emphasis was laid on how infrastructure should be environmentally friendly to reduce carbon footprint. The need to take up solar projects as envisaged under the MoU between RRECL and SIDBI was also touched upon and briefed in detail. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
#SIDBIMoU | SIDBI signed an agreement with T-Hub, Hyderabad for #Seedfunding of #Startups working in #Defence Technologies/Defence Space. Defence has been one of the #Priority areas, of the Govt. Viksit Bharat @ 2047 Mission and #SIDBI have been making all-out efforts to achieve the vision of #ViksitBharat. The agreement was signed by Shri S P Singh, CGM, SIDBI & Shri M Srinivas Rao, CEO, T-Hub in the presence of Shri Giridhar Aramane, Defence Secretary, Ministry of Defence. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
SIDBI participated in NAMCABS, organised by RBI at Himmatnagar, during which, SIDBI conducted a session on “Overview and operations of SIDBI in MSME financing”. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MSMEecosystem #NAMCABS #MSMEFinancing
Under SIDBI’s Green Finance Scheme for Electric Vehicles, SIDBI sanctioned Omega Seiki Mobility Private Limited at Faridabad. This initiative, aimed at decarbonizing the transport sector and facilitating the transition to electric vehicles underscores SIDBI’s commitment to environmental sustainability. During the event, Shri Uday Narang, Director and Promoter of OSMPL, expressed gratitude towards SIDBI for its support and lauded the various schemes it offers for the advancement of MSME sectors. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
Under Mission Swavalamban, SIDBI sanctioned financial assistance to the Indian Academy for Self-Employed Women for conducting the Skilling for Livelihood Programme series in three phases. These programs aim to benefit underprivileged women from Ahmedabad and its surroundings, equipping them with the necessary skills to establish their own enterprises or secure gainful employment upon program completion. SIDBI launched the second phase of Mehendi Design training in Ahmedabad for underprivileged women. Participants were encouraged to maximize the program’s benefits, urging IASEW to continue organizing similar initiatives for marginalized groups, particularly women. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SkillingForLivelihood #IASEW #Empowerment #Entrepreneurship #MissionSwavalamban
Under SIDBI's Cluster Intervention Programme, a capacity development program for incubator managers was conducted at the Start-Up and Innovation Cluster in Pune. The program prioritizes domains aimed at enhancing skills in mentoring program implementation, progress monitoring, outcome evaluation, and benchmarking against industry standards. Its goal is to empower incubation managers with the tools and knowledge needed to effectively support and guide startups within the incubation ecosystem. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #ClusterInterventionProgramme #SIDBI_Pune #MSMEecosystem #Startup
SIDBI extends its successful Cluster Intervention Programme in "Incubation and Innovation" from Delhi NCR to Pune, highlighting the cluster’s vision for incubation and innovation across sectors. During the programme, SIDBI emphasized the need for a collective approach among Pune's incubators to boost competitiveness and create a sustainable ecosystem for startups and entrepreneurs. The event also included a panel discussion on strategies for long-term sustainability of incubation centers through collaboration among innovation stakeholders. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #ClusterInterventionProgramme #Incubation #Innovation
Under SIDBI's Cluster Intervention Programme, SIDBI in association with Uttarakhand Tourism Development Board and EaseMyTrip launched the first batch of capacity development programme for homestay entrepreneurs of the tourism cluster of Uttarakhand along the Char Dham Yatra route. The initiative aims to train homestay entrepreneurs for sustainable tourism ahead of the renowned pilgrimage. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #ClusterInterventionProgramme #UttarakhandTourismDevelopmentBoard #TourismCluster
SIDBI participated in the ‘Scaling-Up EE/RE Implementation in MSME Paper Cluster', organised by the Bureau of Energy Efficiency at Morbi, aiming to enhance the adoption of Energy Efficiency and Renewable Energy Technologies within the paper mill cluster of Morbi. During the event, a presentation was delivered highlighting the various SIDBI schemes, especially Green Finance Schemes; facilitating interactions with entrepreneurs from the MSME Paper Cluster and promoting awareness about SIDBI's initiatives. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #BEE #MSME #PaperCluster #EnergyEfficiency #RenewableEnergy
SIDBI in association with SUPPORT inaugurated Lac based value addition program and Lac Processing Unit at Hazaribagh, aiming to empower women artisans, enhance their skills, and produce lac-based bangles and handicraft products. The program covered discussions on various project aspects including marketing, financial linkage, product development, ONDC onboarding, and PM Vishwakarma Yojana. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #Lac #WomenEmpowerment #MSMEFinance #FinancialSolutions #ONDC
In a meeting with Shri Lalduhoma, Hon’ble Chief Minister of Mizoram, SIDBI briefed the diverse promotional and development activities, as well as CSR initiatives conducted by SIDBI in the state.The CM was also informed about the key features of the SIDBI Cluster Development Fund scheme aimed at enhancing MSME infrastructure and ecosystem in Mizoram. Indicating his appreciation, the Chief Minister expressed interest in further association to empower MSMEs in the state. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI_Mizoram #MSME #Development #Collaboration #ChiefMinister
Shri Ravi Tyagi, CGM, SIDBI was part of the delegation from India which showcased the India Digital Stack to other countries at the UN Headquarters in New York. The initiative was facilitated by MeiTY, Permanent mission of India to the United Nations and iSPIRT. The Indian delegation comprised Industry experts and was was lead by India's G20 Sherpa Shri Amitabh Kant, Ruchira Kamboj India's Ambassador at UN and Sharad Sharma of iSPIRT. Shri Tyagi explained the positive impact of Digital Public Infrastructure (DPI) on accessibility, affordability and velocity of credit flow to all segments of MSMEs in India, especially the informal micro enterprises. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #CitizenStack #DPI #IndiaStack #iSPIRT #Meity #MOSIP
SIDBI participated in the SME Finance Accelerator Program organized by India SME Accelerator Network in Mumbai. During the program, topics like credit access challenges, complexity of understanding various financial solutions, changing landscape of MSME finance, along with digital credit journey of SIDBI schemes were explained to the MSME participants. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SMEFinance #IndiaSMEAccelerator #MSME #Finance #CreditAccess
Shri. Ravi Tyagi, CGM, SIDBI provided an insight to functionaries of International Finance Corporation (IFC) at Washington DC on SIDBI's digital adoption for credit processes, building industry protocols for digital lending, and operating digital platforms for MSME ecosystem. Shri. Prashant Muddu, CEO, Jocata, also presented the Sumpoorn Index built by Jocata and championed by SIDBI. The index is a global first data based MSME index. The session was facilitated and moderated by Hans Koning, Global Chief Industry specialist for Digital Finance, World Bank group. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #DPI #GSTsahay #IFC #JocataSumpoorn
Discover the key to bridging dreams & reality – it’s time to ignite the entrepreneurial spirit within! Visit www.sidbi.in to find out how! #SIDBI #Empower #Entreprenuers #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
SIDBI participated in the Smart Freight Week, a global sustainable logistics conference held in Amsterdam, where Dr. R.K. Singh, CGM, SIDBI presented SIDBI's EV financing approach and initiatives through panel discussions. Bilateral meetings were also conducted with institutions to explore green initiatives and potential collaboration for promoting EV adoption. During the event, SIDBI and Smart Freight Centre announced their intent to associate on increasing electric truck adoption in India. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #EV #Sustainability
SIDBI in association with Ambuja Cement Foundation inaugurated a Skill Development Program for youth in Jhunjhunu & Pali, aiming at providing training in electrician, beauty therapy, & unarmed security guard roles to marginalized youth. During the event, the participants learned about SIDBI’s schemes, encouraging handholding support from Ambuja Cement Foundation & credit facilitation through SIDBI under the PM Mudra Yojana. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI_Jaipur #AmbujaCementFoundation #SkillDevelopment #LivelihoodCreation #Jhunjhunu #PaliDistrict #ElectricianTraining
Happy Earth Day from SIDBI! 🌎💚 Today and every day, we're committed to supporting green initiatives and businesses that promote sustainability. Let's grow together towards a greener future. #MissionSolar #EV #EV4Eco #EnergyEfficiency #MissionEnergyEfficiency #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MSMEs #SIDBI
Under SIDBI Swavalamban Foundation, in association with Confederation of Women Entrepreneurs, a creche was inaugurated at Hyderabad, that will benefit working women and their children. The creche facility serves young children under the supervision of professionally trained caregivers. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBIInitiative #WorkingWomen #Childcare #Hyderabad #Jeedimetla #CrecheInauguration #WomenEntrepreneurs
SIDBI organised a livelihood programme focusing on beauty & wellness for several women at Lucknow. The programme was inaugurated by Smt. Anandiben Patel, Hon’ble Governor of Uttar Pradesh and implemented by UMMEED through Innovative Care Institute. Hon’ble Governor of Uttar Pradesh, praised the women’s decision to opt for a dignified livelihood and appreciated the initiative highlighting other programs by UMEED. SIDBI shared it’s dedication in promoting and developing artisans and marginalized communities. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture BeautyAndWellness #UMMEED #UttarPradeshGovernor #Dignity #Society
SIDBI in association with Falah Handicraft inaugurated a Design Development and Training Programme for lac Bangles at Gangapur. The initiative aims to empower women artisans and improve their artisan’s skills. During the programme, various initiatives for empowering women and market opportunities for Lac bangles were discussed. Additionally, SIDBI encouraged Falah Handicraft Society to provide guidance, assist in registration on Udyami Mitra and Udyamita Assist Portal, and facilitate credit access through scheduled commercial banks under the Pradhan Mantri Mudra Yojana. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #WomenEmpowerment #ArtisanSkills #LacBangles #LivelihoodEnhancement #Gangapur
Under SIDBI's Cluster Intervention Programme, SIDBI in association with Embassy of Israel organised first pilot of Co-Incubation at Innovation and Incubation Custer at New Delhi. This program offers selected startups the opportunity to be co-incubated at leading incubators in Delhi under the Co - Incubation Network. The startups showcased their innovations to partnered incubators and experts from the Embassy of Israel. A leading Israeli VC, delivered an engaging talk on 'Technological Innovations,' highlighting best practices from Israel's innovation ecosystem. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #ClusterIntervention #DelhiInnovation #EmbassyofIsrael #Agritech #Innovation
Under SIDBI's Cluster Intervention Programme at the Jodhpur wooden furniture cluster, a capacity building program was launched to bolster the association for Micro and Small manufacturers like Thar Dhat Handicraft Society. With the support of FISME, the program aims to strengthen TDHS's capabilities to promote growth, sustainability, and prosperity for its member MSMEs and stakeholders. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI_Jodhpur #ClusterIntervention #Jodhpur #MSMEs #CapacityBuilding #Sustainability
SIDBI is delighted to announce the successful completion of cohort I of the inaugural NBFC Growth Accelerator Program (NGAP), in association with GAME. This milestone marks a significant step forward in empowering NBFCs to better serve India's MSME sector. Several NBFCs have emerged from the comprehensive five-month NGAP journey equipped with advanced industry insights, risk management strategies, governance practices, and technological advancements. As these NBFCs stand on the threshold of a promising future, the completion of NGAP Cohort I marks the commitment of SIDBI and GAME to nurture the financial entities that serve the MSME sphere. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #NBFC
SIDBI in a meeting with Smt. Anandiben Patel, Hon’ble Governor of Uttar Pradesh, discussed various promotional and developmental initiatives undertaken by SIDBI in the state, along with future plans. The key topics covered in the meeting were fostering a vibrant entrepreneurial ecosystem, empowering entrepreneurs, promoting innovation, Cluster Intervention Programs, skill enhancement, and facilitating credit/market linkage for artisans, handlooms, and handicrafts in the state. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MSMEEcosystem #EmpoweringEntrepreneurs #ClusterInterventionPrograms #Development
SIDBI in association with Ma Foundation, implemented the project 'Ma ki Roti' focusing on skilling and livelihood creation for marginalized women. This project aims to empower underprivileged women by providing training in cooking, hygiene, business, and negotiation skills. Additionally, 'Ma Ki Roti' addresses hunger among underprivileged communities by offering affordable and nutritious meals. This endeavor aligns with SDGs like poverty eradication, decent work, economic growth, and reduced inequalities, ultimately empowering women to have a voice in decision-making within their families. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MakiRoti #MaFoundation #livelihoodopportunities #training #womenempowerment
SIDBI in association with Group Centre, Central Reserve Police Force organised Swavalamban Mela, themed 'Discover the Beauty and Uniqueness of Handcrafted Art' along with Shourya Utsava, CRPF at Bengaluru. The Mela was inaugurated by Shri. Himanshu Kumar, DIGP, GC, CRPF; Shri. T Vikram, IGP and SIDBI officials, highlighting the efforts of artisans and promoting local craftsmanship. The event featured several artisans from various districts, with SIDBI facilitating their onboarding on the ONDC network. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #ONDC #artisans #Handcraft #craftsmanship #Localcraftsmanship #SIDBI_Bengaluru
SIDBI in association with MITTI Social Initiatives Foundation supported Mitti Café at Lucknow International Airport, providing training, handholding, and livelihood opportunities for several differently abled person. The program aims to promote disability inclusion and equal dignity for all, making a real difference in their lives and inspiring inclusive societies. A certificate distribution program for the beneficiaries' training completion was held which, graced by Dr. Subhransu Acharya, CGM, SIDBI. Ministry of Micro, Small and Medium Enterprises, Government of India #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #MITTISocialInitiativesFoundation #MittiCafé #DisabilityInclusion #LivelihoodCreation #Partnership
F̶u̶e̶l̶i̶n̶g̶ Charging Up for a Greener Future: EXIM & SIDBI fund Log9s Battery Cell Line and Innovation Base! We’re absolutely buzzing to share that Log9 Materials has roped in @indiaeximbank and @sidbiofficial to supercharge our journey! This incredible collaboration secures funding for our cell manufacturing line and vital R&D projects through the Ubharte SiTaare Program and Green Climate Finance. These facilities from SIDBI and EXIM have enabled Log9 to set up a state-of-the-art Battery Cell Innovation and Manufacturing base in Bengaluru with a total outlay of $10 million. This world-class facility will be instrumental in accelerating the journey of India’s Energy Self Reliance. Get ready for 7 more electrifying announcements as we race towards Day Zero 2024! @economictimes @autocar_india @financialexpressonline @businessworldbw @yourstory_com @inc42.media @live_mint #SIDBIMSME #BackingMSMEs #BuildingFuture #GreenSIDBI #DigitalBankingUnit #MissionLiFE #SIDBI_NewDelhi #eximbank
Under SIDBI’s Cluster Intervention programme at Bargarh, a social media digital marketing initiative was launched to empower handloom weavers, & significantly boosting sales within months. It enhanced their skills in crafting digital content, product listing, social media software use, and photoshoot strategies to expand their online presence. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #Bargarh #ClusterIntervention #DigitalMarketing #Handloom #Empowerment
SIDBI organised an awareness workshop on Government Schemes & Financial Literacy, under the Cluster Intervention Programme at Printing and Packaging Cluster Bhubaneswar & Cuttack. The objective of the workshop was to bridge the information gap among MSMEs, enabling them to leverage available benefits in the local ecosystem to upscale and achieve sustainable growth.During the event, the MSME units were educated on various schemes and aspects pertaining to raw material procurement, land allocation, infrastructure development, working capital and CIBIL ranking/score. SIDBI officials also shared information on their direct assistance schemes and various other developmental initiatives. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #AwarenessWorkshop #GovernmentSchemes #FinancialLiteracy #MSMEs #ClusterIntervention
Dr. Subhranshu Sekhar Acharya, CGM, SIDBI, participated in a fireside chat at Iqtisadiyyat ‘24 organised by Shiv Nadar Institute of Eminence, where he talked about the difference between commercial banks and microfinance banks, and the low security and high risk associated with such banks. He also shined light on some policies by the government to support MSMEs and sovereign security. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture
SIDBI organized a capacity building program, under the Cluster Intervention Programme for Handloom Cluster at Bargarh on behavioral aspects: Cohesive eco-system for sustainable business development. The program aimed to improve and strengthen the capacity of Master weavers and weavers of the Bargarh handloom cluster in the areas of Communication, Team Management, Anger Management, Leadership skills, Decision making and strategies for the development of Coherent Ecosystem at their workplace. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #CapacityBuilding #HandloomCluster #SustainableBusiness #BehavioralSkills #EcosystemDevelopment #BargarhCluster
#sidbimsme #womenempowerment #womenentrepreneurs #ruralentrepreneurship Unlocking Potential, Building Success, Introducing STC Pvt. Ltd. “NewBeginnings”.
#SIDBIMoU | SIDBI signed an MoU with the Fintech platform KarmaLife for a pilot lending initiative targeting gig workers servicing through aggregator platforms. The initiative aims to explore gig worker dynamics and leverage digital technology to facilitate affordable institutional credit to this rapidly expanding segment of microenterprises. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MoU #FinTech #GigWorkers #Gig #FinancialInclussion #Entrepreneurship #SIDBI_Mumbai
SWAR Fellowship 2023_24 completion ceremony @zorbathebuddhadelhi #team #fellowship #swarfellowship #swar #developmemt #ruraldevelopmentinitiatives #enterprunershi #livelihood_sustainability #selfrelient #srijan #sidbiswavalamban #msme #sidbi #sidbimsme
Shri S Ramann, CMD, SIDBI delivered the keynote address at NITI Aayog's Shoonya Event, emphasizing the role of electric vehicles in India's decarbonization efforts. He also underscored SIDBI's pivotal role in facilitating EV adoption nationwide through its developmental and financial initiatives. Additionally, he highlighted the importance of De-Risking Measures (DRMs) for sustainable EV financing and presented a DRM book to Shri Amitabh Kant, G20 Sherpa, in the presence of Shri Sudhendu Sinha, Adviser and Dr. V. K. Saraswat from NITI Aayog. SIDBI's contributions to EV financing were commended by both dignitaries and industry representatives. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #NITIAayog #EV #sustainability #SIDBI_NewDelhi
Under Mission Swavalamban, SIDBI inaugurated Charity Mall of Kindness to promote Reduce, Reuse and Recycle. The mall aims to provide good condition old items for the underprivileged to procure through charity. SIDBI in association with Social Vision Society also inaugurated a computer lab, aiming at developing the skills of the youth in Delhi. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MissionSwavalamban
SIDBI participated in the Startups & MSME Conclave & Awards, organised by Tajurba at New Delhi. During the event, discussions revolved around SIDBI’s efforts to cater to the financial and developmental requirements of MSMEs; along with various schemes like EV and Solar, 4E Finance, ARJANA and more. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #MSMEConclave #SIDBI_NewDelhi #FinancialSolution #Startups
Under Mission Swavalamban, SIDBI in association with Indo German Tool Room organised Skilling for Livelihood Programme which aims to train several unemployed youth, primarily from tribal regions in Gujarat, in cutting-edge fields like CAD, CAM, CNC, Automation, Robotics, and welding technology. The hands-on training, inaugurated by Shri Sanjay Gupta, CGM, SIDBI will not only equip participants with valuable skills but also instill a sense of responsible citizenship and entrepreneurship. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #SkillingForLivelihood #Entrepreneurship #YouthEmpowerment #MissionSwavalamban
SIDBI in association with Ubuntu Consortium and HERMONEY TALKS inaugurated the International Women’s Day celebration at Bengaluru. Emphasizing the imperative need for social change in eradicating poverty, empowering women, and fostering entrepreneurship, SIDBI highlighted its commitment to driving impactful social initiatives. A presentation on its innovative financing solutions, including EXPRESS, Green Finance Scheme, ARISE, SPEED, and more, underscored the importance of nurturing a dynamic MSME ecosystem led by women entrepreneurs. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #InternationalWomensDay #Empowerment #Entrepreneurship
Celebrating SIDBI's monumental achievement! Shri Sudatta Mandal, DMD, highlights SIDBI's surpassing of a balance sheet milestone, epitomizing commitment to streamlined credit delivery for exponential growth. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #MSMEs #EconomicGrowth #Sustainability #Innovation #growth
During the 34 year commemorative event, Shri Prakash Kumar, DMD, SIDBI sheds light on SIDBI's dynamic evolution within the Development Financial Institution (DFI) framework, applauding visionary leadership for steering its transformative journey. His insights illuminate the institution's commitment to adaptability and innovation in fostering MSME growth. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #MSMEs #EconomicGrowth #Sustainability #Innovation #growth
Shri S Ramann, CMD, SIDBI, kicks off the celebration of 34 years of SIDBI's unwavering commitment to fostering the growth of MSMEs, emphasizing SIDBI's pivotal role in driving India's economic prosperity. As SIDBI commemorates this milestone, the pledge to empower MSMEs shall be renewed, champion entrepreneurship, and propel India towards greater economic advancement. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #MSMEs #EconomicGrowth #Sustainability #Innovation #growth
Marking SIDBI's 34 year journey of empowering MSMEs, a celebration was held by hosting a virtual assembly of officials from across India. The goals of SIDBI and the road ahead was laid out during the address marking an aspirational future with an aim to spearhead India's growth story. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #SIDBI #MSMEs #EconomicGrowth #Sustainability #Innovation #growth
SIDBI, in association with COWE, organised a Livelihood Creation Program in Noida, benefiting several underprivileged women entrepreneurs. This initiative aims to empower women through specialized training in arts like Fabric printing, block printing, and Fabric foil printing, fostering self-sustainability and financial independence. Various women beneficiaries also attended the program, where COWE stated to continue to offer support in enterprise setup, credit, and market linkages. This initiative is set to encourage best practices and foster enterprise growth among the participants. #SIDBIMSME #DigitalBankingUnit #BackingMSMEs #BuildingFuture #COWE #WomenEmpowerment #LivelihoodCreation #SIDBI #Entrepreneurship