Latest Development - Small Industries Development Bank of India

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Latest Development

S. No.	Title	Date
SIDBI in collaboration with Federation of Indian Chambers of Commerce and Industry (FICCI) and SW Command GOC Lt. General Maninder Singh, hosted “Atmanirbharta in Defence Manufacturing: Opportunities in Rajasthan” event at Jaipur. The event was graced by Hon’ble Cabinet Minister, Rajasthan Government Col. Rajyavardhan Singh Rathore along with senior officials of Armed Forces and other eminent personalities from Government, Business World, Social Sector experts etc.	2024-11-11
Hon'ble Finance Minister, Smt. Nirmala Sitharaman, launched the National MSME Cluster Outreach Programme in Bengaluru, enhancing financial access for MSME growth and inaugurating six new SIDBI branches across Karnataka to serve MSME clusters. She also inaugurated four Nari Shakti Branches of Union Bank of India to empower women entrepreneurs and a Canara Bank Learning Centre in Bengaluru.	2024-11-09
SIDBI’s commitment to developing a resilient defence sector has taken a major leap forward. In the presence of Hon’ble Defence Minister Shri Rajnath Singh, alongside Shri Satya Prakash Singh, CGM, SIDBI participated in Indian Institute of Technology Kanpur’s Defence Showcase and signed an MoU with Start-up Incubation and Innovation Centre (SIIC) to enhance funding and incubation for defence startups. This collaboration reflects SIDBI’s vision for a self-reliant defence ecosystem, powering homegrown innovation and driving India’s journey toward a stronger, secure future. Together, we are building the nation’s defence capabilities.	2024-11-02
SIDBI inaugurated a new Branch Office in Dahod, Gujarat, led by Shri R.K. Singh, CGM, SIDBI. The event, attended by officials from SIDBI’s Ahmedabad and Vadodara branches, the Chairman of APMC, Chartered Accountants, and MSME entrepreneurs, saw several crores in sanction letters distributed to MSMEs. SIDBI reaffirmed its commitment to meeting MSMEs' financial and developmental needs, encouraging local entrepreneurs to leverage the branch’s support for their growth.	2024-10-28
SIDBI inaugurated its new Branch Office in Surendranagar, Gujarat, expanding its support for the MSME community in the region. Shri Satyaki Rastogi, CGM, SIDBI, led the inauguration, joined by officials from SIDBI, Wadhwan Industries Association, Zalawad Chamber of Commerce & Industries, GM-DIC, and local MSME entrepreneurs. During the ceremony, sanction letters were distributed to MSMEs, reaffirming SIDBI's commitment to regional growth. The new branch will enhance accessibility and faster support for MSMEs, encouraging local entrepreneurs to leverage its presence for business growth.	2024-10-26

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