(3.232.96.22)
Users online: 2682    [ij] [ij] [ij] 
Email id
 

Asian Journal of Management
Year : 2019, Volume : 10, Issue : 4
First page : ( 405) Last page : ( 408)
Print ISSN : 0976-495X. Online ISSN : 2321-5763.
Article DOI : 10.5958/2321-5763.2019.00062.3

A Study on the Performance of SIDBI-Portal of MSME

Dr. Kamalaveni S.*

Assistant Professor and HOD, Department of Commerce with Information Technology, Dr. N.G.P. Arts and Science College, Coimbatore-48

*Corresponding Author E-mail: drkamalaveni@drngpasc.ac.in

Online published on 3 February, 2020.

Abstract

SIDBI is one of the four All India Financial Institutions regulated and supervised by the Reserve Bank. It has offered direct finance to MSME by introducing new schemes lime SMILE, SMILE Equipment Finance (Soft loan to MSME), Trader Finance, Working Capital, SPEED Plus and RLS. The shares of SIDBI are held by GOI and 29 other institutions, banking sector and insurance companies owned and controlled by the central government. This schemes provides 100% finance with sanction and disbursements, with no additional collateral and flexible repayment period. It provides micro fiancé in the form of equity and quasi equity and terms loans. SIDBI ahs playing the role of market maker to enhance corporate governance and operational efficiency of Micro Finance Impact, enabling smooth flow of credit to promote micro industries. It also have conceptualized SIDBI Vision 2.0, which underpins continued and renewed focus on the sector, www.udamimitra.in, has been created as promotion venture, which is loan market place where anyone can apply and any lender can pick up those applications without additional cost.

Top

Keywords

Finance, Capital, SIDBI, Promotion, Micro.

Top

  
║ Site map ║ Privacy Policy ║ Copyright ║ Terms & Conditions ║ Page Rank Tool
471,773,272 visitor(s) since 30th May, 2005.
All rights reserved. Site designed and maintained by DIVA ENTERPRISES PVT. LTD..
Note: Please use Internet Explorer (6.0 or above). Some functionalities may not work in other browsers.