SIDBI ties up with LIC for capital support to enterprises

Small Industries Development Bank of India (SIDBI) has tied up with Life Insurance Corporation of India (LIC) for augmenting capital support to enterprises in the country.The idea behind tying up with the state-run insurance behemoth is to give a boost to the venture capital ecosystem for MSMEs

So, let’s discuss some questions related to this post:
Q1. Name the Insurance Company, which has been tied up with SIDBI for augmenting capital support to enterprises in the country?
Ans1. Life Insurance Corporation of India (LIC)
Source-The Indian Express

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