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Stand-Up India was launched by the Government of India on 5 April 2016 to support entrepreneurship among women and SC & ST communities. Stand Up India Loan Scheme is a government initiative launched by the Government of India in 2016 to promote entrepreneurship and facilitate bank loans to Scheduled Caste (SC) / Scheduled Tribe (ST) and women entrepreneurs in the country.
Stand-Up India: CS MoF, MoSJE: 2016 Entrepreneurship Loans for scheduled castes, scheduled tribes and women entrepreneurs for greenfield enterprises. Loans can be applied online. [52] By July 2021, 1.16 lakh loans disbursed amounting to ₹ 26,204 crore (equivalent to ₹ 290 billion or US$3.4 billion in 2023). [53]
This is an Education loan scheme to enable the ST students to meet expenditure for pursuing technical and professional education including Ph.D. in India. Under this scheme, the Corporation provides financial assistance up to ₹10.00 lakh per eligible family at concessional rate of interest of 6% per annum.
CSCeGS is a special purpose vehicle (SPV) set up by ministry of electronics and IT (MeitY) which acts as connect point for various digitally aligned services to villages in the country. [16] In May 2024, The Small Industries Development Bank of India (SIDBI) signed a MoU with Airbus Helicopters to finance civil helicopter purchases in India ...
Micro Units Development and Refinance Agency Bank (or MUDRA Bank) [1]) is a public sector financial institution in India. It provides loans at low rates to micro-finance institutions and non-banking financial institutions which then provide credit to MSMEs. It was launched by Prime Minister Narendra Modi on 8 April 2015. [2]
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Concern over Chinese investment abroad and the inability for existing U.S. developmental finance institutions to keep up was a major factor pushing the passage of the Act, and the establishment of the DFC has widely been viewed as means to counter China, particularly its Belt and Road Initiative. [9] [12] [14] [15] [16]
2009: Received in-principle approval from RBI to set up as a credit information company amongst 13 applicants [20] 2010: Received license from RBI to operate as a credit information company [4] 2011: Launched India's first credit bureau services for microfinance industry (MFIs etc.) in March 2011 [16]