sidbi

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    MFI Portfolio Contracts by 40% - Banks Lag Other Lenders

    Mumbai, March 16 The outstanding portfolio of microfinance by banks contracted by 40 per cent year-on-year to ₹65,687 crore in the third quarter of FY26, according to a report released on Monday.This is the sharpest decline among all categories of lenders, which also includes dedicated...
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    Goa’s Borrowing Strategy: Reforms-Based Loans and FRBM Compliance

    Panaji, March 9 Goa Chief Minister Pramod Sawant said on Monday that the state had borrowed ₹4,148 crore in interest-free loans in the last fiscal year, assuring that it had stayed well within the Fiscal Responsibility and Budget Management (FRBM) limits.During the Question Hour in the state...
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    Progcap's ProgShakti Facilitates ₹10,000 Cr in Collateral-Free Loans for Women Entrepreneurs

    Mumbai, March 8 Progcap, a fintech company focused on MSMEs, said on Sunday that its ProgShakti initiative has enabled over ₹10,000 crore in credit to women entrepreneurs since its launch in March last year, offering collateral-free loans of up to ₹10 lakh. The initiative aims to provide...
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    SIDBI and SPVLG Strengthen J&K Cricket Bat Industry with Stakeholder Workshop

    Stakeholders, officials, and artisans discussed policy support, willow management, GI status, and financial interventions to ensure the sustainable growth of Kashmir's iconic cricket bat industry.February 26, Awantipora: The Small Industries Development Bank of India (SIDBI), in collaboration...
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