Post-poll, ration shops to get a ‘smart nutrition hubs’ makeover

[ad_1] The Indian government is planning a major facelift for ration shops. As part of the post-election five-year plan that all ministries have been asked to chalk up for the next government, the country’s 5.38 lakh fair price shops (FPS)...

SIDBI partners fintech platform KarmaLife for micro loans to gig workers

[ad_1] Small Industries Development Bank of India (SIDBI) has entered into an agreement with a fintech Onion Life Private Limited to use the latter’s technology platform KarmaLife for a pilot to provide micro loans to gig workers. This is expected...

SIDBI eyeing ₹5,000 crore capital mop-up via rights issue in FY’25, says CMD Ramann

[ad_1] SIDBI plans to raise capital to the tune of ₹5,000 crore next fiscal to fund its growth and would most likely adopt a ‘rights issue’ route for this purpose, S Ramann, Chairman and Managing Director, said on Tuesday. It wants...

Mandaviya launches SIDBI scheme for Jan Aushadi Kendra operators

[ad_1] Health and Chemicals & Fertilisers Minister Mansukh Mandaviya on Tuesday said the credit assistance scheme of SIDBI for Jan Aushadi Kendra operators will strengthen and help in further expanding the network.Also read: RBI may relax evergreening rules for strategically...