Latest News on Sidbi
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Sidbi - Total results - 36
Jul 22, 2019
RBI warning on Mudra loans: NPAs aren’t at alarming levels yet, but banks shouldn’t miss the red flagThe NPA on Mudra loans by public sector banks, which also includes regional rural banks, jumped to Rs 17,250.73 crore as on March 2019, the government informed Parliament on Tuesday.
Jul 01, 2019
New credit scheme for small, medium enterprises to encourage job creation; special focus on tribals, agri-related activities: Nitin GadkariHe said the portal is helpful as it integrates the income tax, GST and bank accounts of those seeking loans that lend credibility to the credit giving system.
Jun 21, 2019
CGTMSE approves 4.35 lakh guarantees for Rs 30K-cr loans in FY19, registers highest-ever growth of 58%CGTMSE is a trust set up by the government and Small Industries Development Bank of India (Sidbi).
Feb 20, 2019
IL&FS crisis: Enforcement Directorate raids multiple locations after filing payment default case under PMLAOfficials said the central probe agency has registered a case under the Prevention of Money Laundering Act (PMLA) in the alleged payment default case
Jan 17, 2019
Reserve Bank eases overseas borrowings policy, lifts sectoral curbs to further improve ease of doing businessArray
Jan 02, 2019
PSB's Mudra loan NPAs nearly doubled to Rs 7,277.31 in 2017-18 from Rs 3,790.35 in 2016-17The total amount of Mudra loans extended by PSBs rose around 22 percent to Rs 92,492.69 crore in 2017-18 from Rs 71953.66 crore in 2016-17.
Dec 20, 2018
Bank of India eyes Rs 1,200 crore by selling entire 28.96% stake in Star Union Dai-Ichi Life InsuranceStar Union Dai-ichi Life Insurance, which commenced operations in February 2009, is a joint venture between Bank of India, Union Bank of India and the Japanese major Dai-ichi Life Insurance Company
Oct 31, 2018
Working with tax department, regulators to ease rules for startups: DIPP secretary Ramesh Abhishek"We are easing regulations for startups. We are also working with the tax department and regulators, and we have been able to simplify 24 regulations so far," DIPP Secretary Ramesh Abhishek said
Oct 10, 2018
Rs 45,000 crore NBFC loan portfolio buyout: Is State Bank of India being cast in role of knight in shining armor?The SBI is not an asset reconstruction company (ARC) so as to be scouting for receivables that it can buy at a bargain price.
Oct 01, 2018
IL&FS crisis: Can the new Uday Kotak-led bailout panel provide the magic touch to debt-laden firm?Any move by the government or the regulators to protect the interest of a large financial institution like IL&FS and to address the contingent effects of the episode is a welcome move as it will help in regaining the market confidence.