Small Industries Development Bank of India (SIDBI), which refinances SME loans, plans to float a Rs 10,000-crore rights issue next fiscal to expand its equity capital as it expects to grow assets ...

Small Industries Development Bank of India (SIDBI), the principal financial institution in the country for MSMEs, is looking to raise up to Rs 5,000 crore ($596.4 million) through bonds maturing ...

Apex MSME lender SIDBI’s direct lending book to grow over 80% by FY27: FinMin SIDBI had a direct lending portfolio of Rs 26,826 crore as of March 31, 2024. Written by Sandeep Soni.

.SIDBI aims to raise equity capital, incl. Rs 5,000 cr in two tranches, to increase its share of MSME lending to 25% in 3 yrs. It has set up a venture debt fund to help start-ups, and is creating ...

Further, he said in the past three years, Sidbi's lending to MSMEs doubled to cross the INR 50,000 crore-mark, while the system wide MSME loan book is INR 25 lakh crore, which is slated to double ...

SIDBI to carry out the proposed rights issue in two tranches of ₹5,000 crore each next fiscal to expand its capital ... loan book of commercial banks as of March 2023 stood at ₹25 lakh ...

"My objective is to take this to a quarter (25 per cent) of the total book over the next three years, said Raman who was with the capital markets regulator Sebi before joining Sidbi. The SME (small ...

Indian government owns 20.8% of Sidbi, while State Bank of India holds 15.65% SIDBI expects to grow assets to Rs 5 lakh crore by March 2024. Sidbi's capital adequacy ratio came down to 19.29% in ...

The proposed rights issue will be carried out in two tranches of ₹5,000 crore each next fiscal to expand its capital base by ₹10,000 crore and support the growing balance sheet, which is ...

Sidbi to raise Rs 10,000 crore from rights issue next fiscal The central government owns 20.8 per cent in Sidbi, while State Bank of India holds 15.65 per cent and Life Insurance Corporation 13.33 ...