Page 7 - Sidbi

SIDBI plans to raise Rs 50 billion via bonds for refinancing activity

Rating agency Icra has assigned "AAA" rating for the proposed bond offering

SIDBI keen to expand exposure in MFI industry as it posts 25% annual growth

Pure-play MFIs have been a significant contributor to the growth in microfinance lending and have posted double the growth rate compared to traditional banks in the last fiscal

SIDBI targetting MSME lending of Rs 1.40 trillion during current fiscal

This would be a growth of over 30% compared to total advances of Rs 1.09 trillion during 2017-18

SIDBI to expand MSME working capital portfolio, partners Yes Bank

Under the pact, Yes Bank would provide various banking services, including working capital, to SIDBI customers at its pan-India branches, which currently number around 1100

SIDBI to appoint MD for APTICO Hyderabad

Last date to submit the application form is May 9, 2017.

Smaller VC firms ride on Sidbi and local investors

In Feb, Sidbi said its fund of funds operations has sanctioned Rs 1,112 cr to 30 funds in FY17

Sidbi's VC investment panel commits Rs 300 crore in 9 funds

Sidbi has doubled its fund of funds operations in FY17 to Rs 1,112 crore, supporting 30 funds

SIDBI ties up with LIC for capital support to enterprises

SIDBI and LIC had signed a MoU to supplement funds under India Aspiration Fund

Sidbi partners Yes Bank for loan guarantee under World Bank scheme

The state-run Sidbi expects to provide credit guarantee to more than 500 projects

SIDBI targets Rs 1,80,000 cr disbursal under Mudra ecosystem

Mudra ecosystem has 163 partners spanning commercial banks and refinance institutions