Toll Free Number: 180-022-6753

Media

Press Releases

Social Media

Photo Gallery

सिडबी लखनऊ कार्यालय में हिंदी पखवाड़े का समापन समारोह सम्पन्न हुआ। इस अवसर पर हिंदी के प्रख्यात विद्वान प्रोफेसर सूर्यप्रसाद दीक्षित ने अपने संबोधन में देश तथा वैश्विक क्षितिज पर हिंदी के सतत् विस्तार पर चर्चा की और सिडबी में हिंदी के प्रयोग की सराहना करते हुए इसमें निरंतर वृद्धि करने का आह्वान किया। श्री राजेन्द्र अग्रवाल, महाप्रबंधक ने भी स्टाफ सदस्यों को संबोधित किया। बैंक के अधिकारियों और कर्मचारियों ने आयोजन में बड़ी संख्या में भाग लिया।

01/10/24 Hon'ble Finance Minister Smt Nirmala Sitharaman Handed Over The Sanction Letters To The Beneficiaries During The Credit Outreach Programme In Itanagar, Arunachal Pradesh In Presence Of Hon'ble Chief Minister Of Arunachal Pradesh Shri Pema Khandu Also Present On The Occasion Is Shri Chowna Mein, Hon'ble Deputy Chief Minister Of Arunachal Pradesh And Secretary DFS India Shri M. Nagaraju Was Accompanied By CMD, SIDBI Shri Manoj Mittal.

01/10/24 In The Credit Outreach Programme At Itanagar, Hon'ble Finance Minister Smt Nirmala Sitharaman Has Flagged Off The Mobile Medical Unit In Presence Of Hon'ble Chief Minister Of Arunachal Pradesh Shri Pema Khandu. The Mobile Medical Unit Was Provided By SIDBI Under CSR Initiative To Ramkrishna Mission Hospital, Itanagar For Providing Medical Assistance To Far Flung / Inaccessible Areas Of Arunachal Pradesh. SIDBI Initiative Has Been Appreciated By The Hon'ble Finance Minister. Also Present On The Occasion Is Shri Chowna Mein, Hon'ble Deputy Chief Minister Of Arunachal Pradesh And Secretary DFS India Shri M. Nagaraju.

27/09/24 The Inauguration Of SIDBI's New Branch In Jalgaon Was Presided Over By Dr. Gurumukh Jagwani, Former Member Of The Maharashtra Legislative Council. He Was Joined By Shri N.N. Estolkar, Joint Director Of MSME DFO In Aurangabad, And Shri Sanjay Gupta, CGM, Along With Other SIDBI Officials. The Ceremony Included The Distribution Of Sanction Letters To MSMEs, Reaffirming SIDBI's Commitment To Fostering Growth And Development In The Region.

27/09/24 Prayaas" Enabling Economic Resilience And Fostering Community Development For SHG Individual Entrepreneurs" As Part Of Its Key Initiative To Support The Credit Needs Of SHG Individual Micro-entrepreneurs, SIDBI Is Continuously Expanding Its Partnership With New Cluster Level Federations (CLFs) Under Its Ambitious Pilot Program. Shri Satyaki Rastogi, CGM, SIDBI, Recently Operationalized The Third CLF In Muzaffarpur In Collaboration With Jeevika. This Marks Just The Beginning Of Unlocking The Potential Of Women-led, Community-based Institutions.

27/09/24 SIDBI Participated In The 3rd Edition Of The Banking Colloquium In Patna, Organized By Prabhat Khabar. The Event, Themed "Roles Of Banks In Development Of Bihar," Focused On Banks’ Responsibilities In Fostering Industrial And Economic Growth In The State. Hon'ble Deputy Chief Minister Of Bihar, Shri Samrat Choudhary, Addressed The Audience, Highlighting The Incentives And Infrastructural Support From The Government. SIDBI's Contributions Were Highlighted, Including Financial Support To MSMEs, MFIs, And Small Borrowers, And Its Pivotal Role In Entrepreneurship Development Through Swavalamban Connect Kendras. A Lively Q&A Session On “Unleashing MSMEs' Potential For Sustainable Growth Of Bihar” Was Held, Attended By Around 80 Entrepreneurs, Media, And Dignitaries.

25/09/24 SIDBI Inaugurated Its Bareilly Branch, Led By Shri Rahul Priyadarshi, CGM, SIDBI. The Event Was Accompanied By An MSME Outreach Program, Which Was Attended By Prominent Local Industrialists. During The Program, SIDBI Announced Loan Sanctions And Extended Grant Support For The Enterprise Development Program, Specifically For Zari Zardozi Artisans.

25/09/24 SIDBI Held Its 26th Annual General Meeting (AGM) Today At Lucknow Head Office, Where It Approved The Audited Financial Results For The Year Ending March 31, 2024. Shri Manoj Mittal, CMD, Addressed The Members And Provided An Overview Of SIDBI's Financial And Operational Performance. He Highlighted SIDBI's Commitment To Supporting The MSME Sector, Particularly Underserved And Unserved Micro Enterprises, Through Various Initiatives. During The Meeting Shri Sudatta Mandal, DMD And Shri Prakash Kumar, DMD Were Present Accompanied By Other Members.

24/09/24 SIDBI Participated In The 17th Banking Colloquium, Organized By The Confederation Of Indian Industry , With The Theme "Unleashing MSMEs' Potential: Strategies For Enhanced Access To Finance, Technology And Market Expansion Through Skill Development, Innovation, And Regulatory Support For Sustainable Growth." The Session Featured Special Addresses By Shri Rajnish Kumar, Former Chairman, SBI, And Shri Chandra Sekhar Ghosh, Chairman, Bandhan Group. Shri Arup Kumar, CGM, SIDBI, Joined The Esteemed Panelists, Including Smt. Rashmi Rani, GM, RBI, Shri Rikesh Chand, CGM, Exim Bank, And Others.

17/09/24 To Strengthen Voluntarism And Collective Action For A Swachh Bharat, SIDBI, Under The Leadership Of Shri Manoj Mittal, CMD, Along With Shri Sudatta Mandal, DMD And Shri Prakash Kumar, DMD, Joined SIDBI Staff In Taking The Swachhata Pledge. SIDBI Reaffirms Its Commitment To The National Vision Of A Cleaner And More Sustainable India, Contributing To The Goals Of Environmental Sustainability And Public Health.

17/09/24 SIDBI Participated In The Launch Of BHASKAR (Bharat Startup Knowledge Access Registry) Under The StartupIndia Initiative. The Platform, Launched By The Hon'ble Minister Of Commerce And Industry, Shri Piyush Goyal, Aims To Connect Startups, Investors, Mentors, And More. Shri S.P. Singh, CGM, SIDBI Shared Valuable Insights On The Growth And Future Of The Startup Ecosystem During The Panel Discussion. SIDBI Remains Committed To Work With DPIIT Towards The Progress Of The Start-up Ecosystem.

13/09/24 Under SIDBI Cluster Intervention Program, Delhi / NCR Innovation Cluster, A Virtual Exhibition Platform (VEP) For Micro Enterprises With Domain Name LetsStartup.net Is Developed. This Exclusive Collaborative Platform Fosters Engagement Among Incubators, Startups, Mentors, Investors, And Other Innovation Stakeholders. With Over 60 Incubators, 1,000+ Startups, 70+ Mentors, And 15+ Investor Groups, The Platform Was Created With Support From Friedrich Naumann Foundation For Freedom, South Asia And SIDBI. It Was Officially Transferred To The Indian STEPs And Business Incubators Association (ISBA) For PAN India Expansion Through An MoU Signing With Foundation For MSME Clusters (FMC). The Occasion Was Graced By Shri Prakash Kumar, DMD, SIDBI, Shri S.P. Singh, CGM, SIDBI, And Shri Satyaki Rastogi, CGM, SIDBI.

20/06/24: SIDBI, in collaboration with the Ministry of Micro, Small, and Medium Enterprises (MoMSME), held a seminar on the MSE-GIFT and MSE-SPICE schemes under the World Bank's RAMP Project in New Delhi. Shri Ateesh Kumar Singh, Joint Secretary, MoMSME, welcomed the attendees, and Shri Prakash Kumar, Deputy Managing Director, SIDBI, delivered the keynote address, outlining SIDBI's climate initiatives and alignment with national targets. The event, attended by over 200 participants from various financial institutions and industry bodies, included an interactive feedback session, 'MSME Swar', featuring insights from industry leaders on accelerating green practices.

26/07/24: SIDBI participated in the foundation day celebrations organized by the Sarthak Educational Trust at the World Trade Centre, Mumbai. The event was honored by the presence of Shri Ramesh Bais, Hon'ble Governor of Maharashtra, along with other distinguished dignitaries. Shri Sandeep Varma shared SIDBI's contributions towards the development of underprivileged communities, emphasizing the initiatives undertaken through the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to support these groups. The panel discussion on "Policy Partnerships: Government Initiatives and CSR Collaborations" provided valuable insights into enhancing the entrepreneurial ecosystem for Divyangjans (persons with disabilities) and explored potential collaborations with market players to achieve a greater impact on their lives.

30/07/24: SIDBI has signed an agreement with C2FO Factoring Solutions Private Limited ('C2treds') to onboard as a financier on the "C2treds" TReDS platform. This collaboration aims to facilitate working capital financing against trade receivables for Micro, Small, and Medium Enterprises (MSMEs). The agreement was formalized in the presence of Shri Prakash Kumar, Deputy Managing Director, SIDBI; Mr. Alexander C. Kemper, Founder and CEO of C2FO Global Operations; Shri Ravi Tyagi, Chief General Manager, SIDBI; and Ms. Basant Kaur, Country Head, C2FO India.

5/08/24: SIDBI conducted a capacity-building workshop titled Evaluating Green Finance Opportunities to enhance stakeholders' understanding of green initiatives and climate finance for MSMEs. Dr. Ravindra Kumar Singh, Chief General Manager, SIDBI, emphasized the significance of a responsive MSME ecosystem in achieving the goals of Vikshit Bharat 2047 and the Net Zero target of 2070. The event highlighted the approval of the Green Climate Fund (GCF)-supported Financing Mitigation and Adaptation Projects (FMAP), which includes a $200 million contribution aimed at facilitating affordable financing for climate-responsive projects. Attendees comprised representatives from small finance banks, non-banking financial companies (NBFCs), microfinance institutions (MFIs), and philanthropic partners, including the Shell Foundation. The workshop also featured discussions on SIDBI's GIFT and SPICE schemes, the Panchtatva mission, and various risk mitigation models.

5/08/24: SIDBI, in partnership with the Confederation of Women Entrepreneurs (COWE), organized the Swavalamban Mela in Gurugram. The event was inaugurated by Shri Rahul Priyadarshi, Chief General Manager, SIDBI, and underscored SIDBI's steadfast commitment to promoting women's entrepreneurship and economic empowerment. Shri Priyadarshi highlighted SIDBI's efforts to create platforms that enable women to excel as independent business leaders and commended COWE for its significant contribution in providing essential training and support. As part of its "Mission Swavalamban," SIDBI is dedicated to transforming job seekers into job creators and supporting sustainable livelihoods, particularly in underserved regions, thereby strengthening the entrepreneurial ecosystem.

22/08/24: Shri M Nagaraju, Secretary, Department of Financial Services, Government of India, in the presence of Smt. Nirmala Sitharaman Hon'ble Finance Minister and Shri Jitan Ram Manjhi, Hon'ble Minister of Micro, Small and Medium Enterprises, addressed that boosting lending to MSMEs is a major focus of DFS and to support this goal, the performance of banks is being closely monitored.

22/08/24: Smt. Nirmala Sitharaman, Hon'ble Finance Minister, along with Shri Jitan Ram Manjhi, Minister of Micro, Small and Medium Enterprises, visited the SIDBI branch office in Udaipur, Rajasthan. During the visit, they interacted with officials and handed over loan sanction letters to beneficiaries. The event was held in the presence of Shri M. Nagaraju, Secretary, Department of Financial Services, Government of India.

1/09/24: SIDBI, in partnership with the Sri Satyadeva Printing Cluster Association, initiated its MSME Cluster Outreach Program in Kakinada, Andhra Pradesh. The event was graced by the presence of Shri Tangella Uday Srinivas, Hon'ble Member of Parliament from Kakinada, and saw participation from over 120 cluster members, including women entrepreneurs. Shri Sanjay Gupta, Chief General Manager, SIDBI, along with other dignitaries, highlighted the budgetary benefits available to MSMEs and announced the establishment of new SIDBI branches in identified MSME clusters to enhance support for the sector.

4/09/24: SIDBI participated in the International Conference on Bioenergy - Unleashing Bioenergy Potential in India, organized by (IFGE) in New Delhi. The conference witnessed the presence of esteemed dignitaries, like Shri Nitin Gadkari, Hon'ble Minister of Road, Transport and Highways; Shri Hardeep Singh Puri, Hon'ble Minister of Petroleum and Natural Gas; and Shri Prahlad Joshi, Hon'ble Minister of New and Renewable Energy. During the panel discussion, SIDBI officials underscored the institution's commitment to promoting a greener enterprise ecosystem. They highlighted various interventions undertaken by SIDBI to support the Bio-Energy sector, reaffirming its dedication to fostering sustainable energy solutions.

10/09/24: SIDBI took part in the Financial Inclusion Conclave 2024 - Serving the Unserved Bharat, organized by CIBIL TransUnion in Mumbai. The event highlighted the significance of data and technology in fostering financial inclusion through digital lending platforms. A panel discussion focused on balancing growth while effectively managing risks to support financial inclusion. The speakers stressed the need for robust systems to fuel sustainable growth. Shri Satyaki Rastogi, Chief General Manager, SIDBI, emphasized the importance of utilizing information from various sources, including alternative and surrogate data, as well as credit bureaus, to ensure sound credit underwriting. He also noted that evolving with prudent lending practices remains essential for driving long-term growth.

13/09/24: Shri Sudatta Mandal, DMD, SIDBI, inaugurated the Patiala Branch office in Punjab and conducted the "Sarthak Samwad" with Entrepreneurs and various industry association office bearers. On the occasion sanction letters aggregating Rs. 5.21 crores were also handed over to 6 entrepreneurs of Patiala and nearby areas.

18th March 2024: Startup Mahakumbh Keynote Address By Shri S Ramann, CMD, SIDBI: Feeling Inspired During The Keynote Addressed By Sh. S Ramann, CMD, SIDBI At #StartupMahakumbh! India's Startup Ecosystem Is Thriving With Access To Domestic Capital. 130 AIFs Startups Backed With 10k Crore, Further Supported By 56k Crore - Incredible Milestone! #Innovation #Fund

16th March 2024: The 3rd Edition Of The Swavalamban Mela Was Inaugurated By Shri S Ramann, CMD, SIDBI, In Bengaluru With The Theme "Forging Rural-Urban Business Connections." During His Address, He Emphasised The Objective Of The Mela Which Is To Empower Nano And Micro-entrepreneurs, Artisans And SHGs. Shri S Rastogi, CGM, SIDBI, Highlighted SIDBIs Major Interventions In Karnataka Over The Years.

16th March 2024: Shri Sudatta Mandal, DMD, SIDBI Inaugurated The Second Swavalamban Mela Organized In Ahmedabad In Association With The Gujarat Chapter Of COWE. The Event Features Several Women Artisans. He Also Emphasized SIDBI’s Non-financial Initiatives Like Udyam Sangyan Visits, Swavalamban Melas, And SCKs To Foster An Entrepreneurial Culture Nationwide. Additionally, He Spoke About SIDBI’s Commitment As A Market Maker Dedicated To The Continuous Development Of The MSME Ecosystem In India.

16th March 2024: Shri Sudatta Mandal, DMD, SIDBI Attended A Panel Discussion On ‘Boosting Gujarat’s MSME Sector For Powering India’s Growth’ , At The CII Gujarat Annual Meeting, Held At Ahmedabad. During The Event, DMD Highlighted Various Innovative Financing Solutions Such As The Green Finance Scheme And TReDS, Tailored For The MSME Sector. He Also Discussed The Formalization Project, An Association Between SIDBI And Ministry Of MSME, Which Provides Udyam Numbers To Informal Micro Enterprises Through Designated Agencies.

1st Aug 2023:G20 Empower At The G20 Summit On “EMPOWER,” While Emphasizing On Areas Of Women’s Entrepreneurship, Leadership And Education With Women's Access To Technology, CMD, SIDBI Presented The Sectoral Insights Of MSME Sector Including Women’s Participation, & Work Towards Ensuring Digital Identity For MSMEs.

23rd August 2023:Incubation Support At IIT Dharwad Shri Sudatta Mandal, DMD, SIDBI Was Felicitated By Distinguished Engg. Academician Prof. V. R. Desai, Director, IIT Dharwad In Presence Of Shri SP Singh, CGM. As Part Of The Efforts To Catalyze Innovation In Sectors Of High Impact / National Priorities, SIDBI Is Exploring Incubation Arrangements For Seeding Startups With India’s First Smart And Green IIT At Dharwad.

25th August: 14th World Renewable Technology Congress At The 14th World Renewable Technology Congress, Shri S. Ramann, CMD, #SIDBI Gave Insights On SIDBI’s Commitment In Providing #support In A Mission Mode To Accelerate The #green Transition In #MSMEs.

31st Aug: Outreach Programme On Financial Literacy & Emerging Opportunities At The Inauguration Of The “Outreach Programme On Financial Literacy & Emerging Opportunities For MSMEs,” Shri. Sudatta Mandal, DMD, SIDBI, Informed That The Bank Has Embarked Upon Formalizing The Informal Sector MSEs Through Udyam Registration Under Udyam Assist Platform Under Authorization By The Ministry Of MSME To Engage With Banks, NBFCs, MFIs And Bring Them To Formal System Through Udyam Assist Platform.

7th Sep 2023: SIDBI Cluster Development Fund Master Agreement A Master Agreement In Respect Of SIDBI Cluster Development Fund Scheme (SCDF), Between SIDBI And Government Of Maharashtra Was Signed By Shri Sudatta Mandal, DMD, SIDBI And Smt. Shaila A. Secretary, Financial Reforms, Dept. Of Finance, Govt. Of Maharashtra.

16th Sept 2023: MoU With Start Up Odisha In The Presence Of CMD, Shri SP Singh CGM, SIDBI Exchanged MoU With Start Up Odisha To Launch Odisha Startup Growth Fund. An “Investor Connect” Was Also Organized In Presence Of Shri Saswat Mishra, Principal Secretary, MSME Department, Govt. Of Odisha, Smt. Anu Garg, Additional Chief Secretary, Govt. Of Odisha, Dr. Omkar Rai, Executive Chairman, Startup Odisha, For AIFs & Startups.

12th – 14th Sep 2023: Global SME Finance Forum 2023 With The Focus On Building Digital Ecosystems To Win The SME Market, SIDBI Along With IBA Co-hosted The Magnetic “Global SME Finance Forum” Organized By The SME Finance Forum Under The Banner Of International Finance Corporation. During The Opening Remarks, Dr. Bhagwat Karad Addressed Democratizing Credit Access To MSMEs, & Spoke About The Futuristic Growth Of SME Sector. SIDBI Exchanged An MoU With Tata Power To Offer Easy Financing To MSMEs For Solar Adoption. The Second Day Of The Forum Was Graced By Hon’ble Union Minister Of MSME, Mr. Narayan Tatu Rane, As He Applauded The Winners On The Upcoming Dynamics In The SME Ecosystem.

23rd Sept 2023: MoU With DLAI SIDBI And Digital Lenders Association Of India (DLAI) Sign An MoU To Further The Fintech Growth In India. The MoU Will Expedite Digital Lending, Co-lending Mechanism, Resource Support & Public Good Interventions.

27th Sept 2023: MoU With NSFDC SIDBI Executes MoU With NSFDC For Channelizing Affordable Credit To Informal Enterprises Promoted By SC Entrepreneurs Under PRAYAAS Scheme.

27th Sept 2023: Benefits Of MSME Ecosystem-Goa Shri. S Ramann, CMD, SIDBI Called On Shri. Pramod Sawant, Hon’ble Chief Minister Of Goa At Panaji. Discussions Were Held On Areas Of Mutual Interest For The Benefit Of MSME Ecosystem In The State Of Goa.

1st Oct 2023: Swachchata Pakhwada For A Swachch Bharat, Proper Segregation Of Waste Is Essential. SIDBI Undertakes Ek Tareekh Ek Ghanta Shramdaan For Swachchata Hi Seva.

3rd Oct 2023: FM Inaugurates Coimbatore South Branch Hon’ble FM, Smt. Nirmala Sitharaman Shared Praise To SIDBI For The Profound Development Achieved For MSME Sector, In The Presence Of Shri S.Ramann, CMD, & Shri Sudatta Mandal, DMD At The Inauguration Of SIDBI_CoimbatoreSouth Branch.

11th Oct 2023: MoU With IPPB SIDBI Inks MoU With India Post Payments Bank (IPPB) For Development And Financing Of Informal Micro Enterprises In Rural And Remote Areas Of The Country By Leveraging Strengths Of Respective Institutions. Shri S.Ramann, CMD SIDBI And Shri J. Venkatramu, MD & CEO, IPPB Signed MoU In The August Presence Of Shri Vivek Joshi, Secretary, Department Of Financial Services, GoI And Smt. Vandita Kaul, Member (Banking And DBT), Postal Services Board, Department Of Posts, GoI.

28th Oct 2023: Shri S Ramaan, CMD, SIDBI Flagged Off The Jagriti Yatra, A Unique Entrepreneurship Train Journey Across India, Spreading The Message Of Green Entrepreneurship & Sustainability, To Cultivate Green Innovation And Empower The Next Generation Of Eco-conscious Entrepreneurs.

10th Nov 2023: Jocata Sumpoorn Launch JOCATA In Association With SIDBI Launch 'Sumpoorn,' A Unique MSME Economic Activity Index. At The Launch, Shri S Ramann, CMD Speaks About The Index Leveraging GST Data, & Capturing The State Of India's MSMEs.

22nd Nov 2023: Jocata Sumpoorn Launch World Business Angels Investment Forum Empowering Indian Startups Globally!Shri Sudatta Mandal, DMD, And Shri S P Singh, CGM, Participated In The World Business Angels Investment Forum (WBAF) In Durban, South Africa. An MOU Was Signed To Boost Global Angel Investor Investment In Indian Startups. DMD Also Delivered A Keynote Address, Driving Collaboration For Startup Growth.

9 Jan 24 – SIDBI MSME Conclave In Indore SIDBI In Association With EconomicTimes.com Organized A Nationwide Series Of Conclaves, Aimed At Defining The MSME Playbook For The Next Decade. Starting At Indore, Speakers - Mr. Shankar Lalwani, Member Of Parliament, Lok Sabha ; Mr. Prakash Kumar, DMD, SIDBI ; Mr. Ravi Tyagi, CGM, SIDBI ; Ms. Mamta Bakliwal, Mr. Ankur Phadnis, Mr. Akshat Chordia, Mr. Kirti Joshi, Graced The Event With Insightful Conversations. Sanction Letters Were Also Distributed In Ceremony To SIDBI Associated MSMEs. Shri Anjani Kumar Srivastava, GM, SIDBI Delivered The Concluding Presentation, Q/A On SIDBI’s Available Schemes.

C C

12 Jan 24 – SIDBI MSME Conclave In Bhubaneswar The Second Event In The Series At Bhubaneswar Saw Mr. Sudatta Mandal, DMD, SIDBI Open The Conclave As He Spoke About The State's Startup Hub & Role SIDBI Has In Odisha As Market Maker. Followed By Mr. Saswat Mishra, Principal Secretary, MSME Government Of Odisha & Mr. Omkar Rai, Executive Chairman, Startup Odisha, As They Discussed Development Of Clusters & District Growth Of Odisha & How Programs Intend To Catalyze The Growth, Like Government-based Grants For Startups.

Vbvgf