Cabinet Approves ₹5,000 Crore Equity Infusion for SIDBI
The Union Cabinet approved a ₹5,000 crore equity infusion into the Small Industries Development Bank of India (SIDBI) in phases from FY26 to FY28. This aims to strengthen SIDBI's capital base and enhance lending to MSMEs. The initiative is expected to benefit nearly 1.02 crore MSMEs by improving access to affordable finance. It will also generate approximately 1.12 crore jobs and ensure capital adequacy and financial stability for SIDBI.
Try the question
Which institution received ₹5,000 crore equity infusion from the Union Cabinet to support MSMEs?
Answer: (b) SIDBI
The correct answer is (b) SIDBI.