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Loans by SIDBI.

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..... Loans by SIDBI. - News and Press Release Dated:- 26-8-2011 - News - Press Information Bureau Government of India Ministry of Finance 26-August-2011 17:20 IST Loans by SIDBI Small Industrial Development Bank of India (SIDBI), set up in 1990 under an Act of Parliament, is the principal financial institution for the promotion, financing and development of industry in the Micro, .....

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..... Small and Medium Enterprises (MSME) sector and to co-ordinate the functions of the institutions engaged thereof. The details of credit disbursement by SIDBI to the MSME sector for the last three Financial Year and current Financial Year are given below: Financial Year Total (Rs. Crore) 2008-09 28298 2009-10 31918 2010-11 38796 20 .....

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..... 11-12 (April-June) 8257 Since its inception, SIDBI has been providing refinance / indirect finance support to Primary Lending Institutions (PLIs). Its channelization of refinance provided much needed liquidity support to banks during the period of recent global financial crisis when liquidity had dried up in the system. All loans of SIDBI, both direct and indirect, are g .....

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..... iven to MSMEs. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to a question raised in Lok Sabha. DSM/SS/SL - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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