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CGFF with corpus of Rs 500 cr to be operational 3-4 mths

Last Updated: Sunday, March 24, 2013, 13:05

CGFF, under the aegis of Small Industries Development Bank of India (SIDBI), will be set up as a trust.

SIDBI VC to invest Rs 150 cr in SME in next 3-4 months

Last Updated: Wednesday, March 20, 2013, 17:38

"Of the first disbursement (by the government) of Rs 500 crore, we have already committed Rs 350 crore," SIDBI Chairman and Managing Director S Muhnot said here.

NASSCOM, SIDBI ink partnership for MSME development

Last Updated: Friday, December 28, 2012, 14:46

The National Association of Software and Services Companies have entered into a Memorandum of Understanding with Small Industries Development Bank of India to work together for entrepreneurship growth and development of MSME in the Information and Communication Technology (ICT) sector in the country.

Banks pick up 92% in Basix as part of Rs 652-cr CDR deal

Last Updated: Thursday, September 27, 2012, 22:53

The deal also envisages the company bringing in an additional equity of Rs 25 crore, which again is funded by the lenders under the CDR deal, taking the overall size of the debt recast to Rs 677 crore.

SIDBI creates awareness of factoring among MSME units

Last Updated: Thursday, August 16, 2012, 20:46

The Small Industrial Development Bank of India (SIDBI) on Thursday said it is focusing on the micro, small and medium enterprises (MSMEs) and creating awareness about factoring services.

Sidbi ready to fund foreign buys of small units

Last Updated: Sunday, July 15, 2012, 10:19

The small units-focused lender Small Industries Development Bank of India (Sidbi) is ready to fund domestic MSMEs to acquire foreign companies, a top official has said.

India Opportunities Venture Fund announced

Last Updated: Friday, March 16, 2012, 14:32

With the aim to enhance availability of equity to the micro, small and medium enterprises, the government has announced to set up an Rs 5000 crore India Opportunities Venture Fund with SIDBI.

SIDBI-NSE bourse for SMEs to be operational in three months

Last Updated: Friday, September 16, 2011, 18:03

The SME exchange, mooted by SIDBI in collaboration with the National Stock Exchange, is likely to be operational in two to three months, a top official of the lending institution said.