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SIDBI inks MoU with SAARC Development Fund

SIDBI inks MoU with SAARC Development Fund
02 May 2016 Current Affairs: The Small Industries Development Bank of India (SIDBI) has inked MoU with SAARC Development Fund (SDF) for mutual cooperation and collaboration. The MoU was signed by SIDBI Deputy Managing Director A K Kapur and SDF CEO Sunil Motiwal. MoU envisages SDF and SIDBI to work together in co-funding of projects in Indian MSMEs on risk sharing basis in identified sectors.

Development of suitable financial products for SME financing for MSMEs of other Saarc states, the Finance Ministry said in a statement.Technology transfer and making available software to MFIs regarding loan tracking systems in other SAARC states. Capacity development of SDF, SIDBI and SME funding institutions in SAARC countries.

SIDBI: It is an independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises (MSMEs).


January 2017 Current affairs
18 JAN
NEWS
17 JAN
NEWS
16 JAN
NEWS
13 JAN
NEWS
12 JAN
NEWS
11 JAN
NEWS

December 2016 Current affairs
31 DEC
NEWS
30 DEC
NEWS
29 DEC
NEWS
28 DEC
NEWS
27 DEC
NEWS
26 DEC
NEWS




November 2016 Current affairs
30 NOV
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29 NOV
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28 NOV
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25 NOV
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October 2016 Current affairs
31 OCT
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24 OCT
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September 2016 Current affairs
30 SEP
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29 SEP
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27 SEP
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26 SEP
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