Media

26/10/24 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.

28/10/24 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.

2/11/24 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.

9/11/24 Hon'ble Union Finance Minister, Smt. Nirmala Sitharaman, Launched The National MSME Cluster Outreach Programme In Bengaluru, Enhancing Financial Access To Support MSME Growth. She Inaugurated Six New SIDBI Branches In Tumakuru, Raichur, Shivamogga, Kalaburagi, Mangaluru, And Vijayapura, Expanding SIDBI’s Reach To MSME Clusters. Smt. Sitharaman Also Inaugurated Four Nari Shakti Branches Of Union Bank Of India In Bengaluru, Chennai, Jaipur, And Visakhapatnam, Empowering Women Entrepreneurs, And A Canara Bank Learning Centre At Bengaluru, Bengaluru. The Event Included Virtual Interactions With 150 MSME Clusters Across India.

9/11/24 At The National MSME Cluster Outreach Programme, Shri M. Nagaraju, Secretary, Department Of Financial Services, GOI, Emphasized The Government's Initiatives To Strengthen The MSME Sector And Improve Access To Financial Support. His Address Set The Stage For Discussions On Enhancing Credit Facilities And Policy Interventions To Further Empower The MSME Ecosystem. He Also Highlighted The Commitment To Promote MSMEs And Encouraged Entrepreneurs To Contribute Ideas For The Sector's Promotion And Growth.

9/11/24 At The National MSME Cluster Outreach Programme Organized By SIDBI, Shri Pankaj Chaudhary, Hon'ble Union Minister Of State For Finance, Highlighted The Vital Role Of MSMEs As A Key Sector Driving India’s Growth. He Emphasized The Government’s Commitment Through Initiatives Like CGTMSE And Pradhan Mantri Udyam Yojana, Addressing Challenges And Urging MSMEs To Leverage Digital And E-Commerce Platforms To Reach Their Full Potential In The Coming Years.

9/11/24 At The National MSME Cluster Outreach Programme Organized By SIDBI, Sushri Shobha Karandlaje, Hon'ble Union Minister Of State For MSME, Acknowledged The MSME Sector As A Leading Source Of Entrepreneurship And Youth Employment. She Commended The Finance Ministry’s Initiatives That Empower MSMEs And Emphasized The Government’s Focus On Advancing The Sector Through Technology And Skill Development. She Also Applauded SIDBI’s Continued Expansion And Impactful Training Programs Under NSIC, Which Are Helping Build Awareness And Capabilities Within The MSME Ecosystem.

9/11/24 At SIDBI’s National MSME Cluster Outreach Programme, Shri Jatin Ram Manjhi, Hon'ble Union Minister For MSME, Highlighted MSMEs’ Crucial Role In Addressing Unemployment Among India’s Large Youth Population. He Praised PM Narendra Modi’s Leadership In Bolstering The MSME Sector, With States Like Karnataka And Uttar Pradesh Leading Growth. Shri Manjhi Also Stressed The Need For Improved Banking Support In Rural Areas, Emphasized The Importance Of The Udyam Assist Portal, And Advocated For Stronger Cross-sector Collaboration, Especially With The Banking Sector And SIDBI, To Enhance Efficiency And Impact.

9/11/24 At The National MSME Cluster Outreach Programme, Smt. Nirmala Sitharaman, Hon'ble Finance Minister, Handed Over Sanction Letters To MSME Customers Of SIDBI, Canara Bank, And The Nari Shakti Branch Of Union Bank Of India. These Funds Will Support Enterprises Across Diverse Sectors, From Traditional Industries To Advanced Fields Like Aerospace And Quantum Technology.

11/11/24 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. During The Event, SIDBI Brought Together Industry Leaders, Government Officials, And Military Experts To Discuss The Future Of Defence Manufacturing And The Role Of Financial Institutions Along With Emphasizing Its Commitment Towards Supporting MSMEs In The Defence Sector And Promoting Green Initiatives. The Event Also Fostered Valuable Networking Opportunities And Highlighted The Potential For Collaboration Between Various Stakeholders To Strengthen India's Defence Capabilities.

9/11/24 At The National MSME Cluster Outreach Programme, SIDBI Has Signed An MOU With The Peenya Industries Association In The August Presence Of Smt. Nirmala Sitharaman, Hon’ble Union Finance Minister, Reinforcing A Commitment To Support MSMEs Through Capacity-building Initiatives, Credit Facilities, And Knowledge-sharing Efforts. The Event Was Also Graced By Shri Pankaj Chaudhary, Hon'ble Union Minister Of State For Finance; Sushri Shobha Karandlaje, Hon'ble Union Minister Of State For MSME, Shri Jatin Ram Manjhi, Hon'ble Union Minister For MSME; Shri M. Nagaraju, Secretary, DFS And Shri Manoj Mittal, CMD, SIDBI.