Wednesday, 26 July 2017

SIDBI starts merchant banking operations to help MSMEs tap market

Small Industries Development Bank of India (SIDBI) has started full-fledged merchant banking operations to benefit the expanding number of growth-oriented micro, small and medium enterprises (MSMEs), especially those with a strong technology and innovation quotient.

The initiative is aimed at enhancing the access of MSMEs to the capital markets, including the SME Trading Platform and Institutional Trading Platform.

Important Takeaways from Above News-
  • Kshatrapati Shivaji is the Chairman and Managing Director of SIDBI.
  • The Head Office of SIDBI is in Lucknow.
Source- The Hindu Business Line

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