https://www.taxtmi.com/news?id=68081 The government approved Rs 5,000 crore equity support to strengthen the development bank's capital, to be infused by the Department of Financial Services in three tranches: Rs 3,000 crore in 2025-26 at book value as on March 31, 2025, and Rs 1,000 crore each in 2026-27 and 2027-28 at the book value as on March 31 of the preceding financial year, to enable mobilisation of resources at fair rates and expand competitive credit to MSMEs, with projected increases in beneficiaries and job creation. en-us Wed, 21 Jan 2026 13:31:03 +0530 Wed, 21 Jan 2026 13:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=68081 The government approved Rs 5,000 crore equity support to strengthen the development bank's capital, to be infused by the Department of Financial Services in three tranches: Rs 3,000 crore in 2025-26 at book value as on March 31, 2025, and Rs 1,000 crore each in 2026-27 and 2027-28 at the book value as on March 31 of the preceding financial year, to enable mobilisation of resources at fair rates and expand competitive credit to MSMEs, with projected increases in beneficiaries and job creation. News - Wed, 21 Jan 2026 13:31:03 +0530 https://www.taxtmi.com/news?id=68081