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Sidbi joins hands with Google to help MSMEs
Small Industries Development Bank of India (Sidbi) has entered into a partnership with Google India Pvt Ltd (GIPL) for piloting a social impact lending program with financial assistance up to ₹1 crore at competitive interest rates to MSMEs.
This partnership with GIPL brings a corpus of $15 million (around ₹110 crores) to MSMEs as a crisis response related to Covid-19.