SIDBI Revamps Portal for Easy Credit Access

Small Industries Development Bank of India (SIDBI) has revamped its portal www.udyamimitra.in with enhanced features to provide easy access to credit and hand-holding services for micro small medium enterprises (MSME).

The portal is mobile-enabled and provides a self-assessment module (auto assisting in categorization). It sends various information on registered MSMEs from time to time. It also allows loan applications to be perused and picked up by multiple lenders.
Important Takeaways from above News for RRB PO Mains Exam-
  • Mohammad Mustafa is the present Chairman of SIDBI.
  • Headquarters of SIDBI is in Lucknow, Uttar Pradesh.
Source- The Hindu

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