April 2, 2018
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MSME access to finance expanded through digital loan channels, bancassurance, field outreach, and bankability tools to strengthen lending readiness.
SIDBI announced operational and policy measures to bolster MSME access to finance, including expanded direct lending, greater field presence, a revamped website and universal loan portal with a 24/7 virtual assistant, a planned contactless loan platform, and bancassurance distribution under an MoU. It also launched a multi-bank 'Bankability Kit', an MSME contact programme, and outreach initiatives with educational partners to improve entrepreneur bankability, signalling strategic priority on direct finance, institutional financing, and support for scalable grassroots enterprises.