SIDBI, Google ink partnership to help MSMEs

  • Small Industries Development Bank of India (SIDBI), the principal financial institution engaged in the promotion, financing and development of MSMEs has entered into a collaboration with Google for having social impact lending programme.
  • This partnership with GIPL brings a corpus of $15 million (around Rs. 110 crore) to micro, small and medium enterprises (MSMEs) as a crisis response related to COVID-19.