Question
Consider the following statements regarding Small
Industries Development Bank of India (SIDBI)- I.The SIDBI (Small Industries Development Bank of India) is a wholly-owned subsidiary of IDBI (Industrial Development Bank of India), established under the special Act of the Parliament 1988 which became operative from April 2, 1992. II.It offers a wide range of finance schemes to the Micro, Small, and Medium Enterprises (MSME) industry & the loan amounts can range from Rs.10 lakh to Rs.25 crore. III.Currently,it plans to float a Rs 10,000-crore rights issue next fiscal to expand its equity capital. Which of the following information is incorrect ?Solution
The SIDBI (Small Industries Development Bank of India) is a wholly-owned subsidiary of IDBI (Industrial Development Bank of India), established under the special Act of the Parliament 1988 which became operative from April 2, 1990.Small Industries Development Bank of India (SIDBI) offers a wide range of finance schemes to the Micro, Small, and Medium Enterprises (MSME) industry. Loan amounts can range from Rs.10 lakh to Rs.25 crore. Small Industries Development Bank of India (SIDBI), which refinances SME loans, plans to float a Rs 10,000-crore rights issue next fiscal to expand its equity capital as it expects to grow assets to Rs 5 lakh crore by March 2024 from about Rs 4 lakh crore in March 2023.
According to the RBI’s guidelines on the establishment of Digital Banking Units (DBUs), the products and services to be provided at a DBU include?
In which classification did Mahendra Gurjar set a world record in javelin throw with a distance of 61.17 meters?
April 14, 2025, was officially declared as Dr. B.R. Ambedkar Day by which global city?
The Himgiri frigate was delivered to the Indian Navy on which date?
- Which Maharashtra state agency is part of the collaboration with ROSATOM for the SMR project?
Which butterfly has been officially designated as the 'State Butterfly' of Jammu and Kashmir by the Government?
The __________ city created a Guinness record by lighting 11.71 lakh clay lamps (diyas), as part of the ‘Shiv Jyoti Arpanam Mahotsava’ on th...
Recently which state government/UT administration has instructed its departments to do away with archaic language in official papers?
What is the main purpose of the Knowledge Park being jointly developed by India and Bangladesh in Chattogram, with the foundation stone laid by Indian H...
Vaishali Ramesh Babu achieved which milestone in her chess career?
