SIDBI to support MSMEs with merchant banking operations
DSIJ Intelligence / 26 Jul 2017
The Small Industries Development Bank of India (SIDBI) announced on Wednesday that it has started full-fledged merchant banking operations to help medium and small enterprises (MSMEs) utilize capital markets for their funding requirements.
The Small Industries Development Bank of India (SIDBI) announced on Wednesday that it has started full-fledged merchant banking operations to help medium and small enterprises (MSMEs) utilize capital markets for their funding requirements. The objective, as stated by SIDBI, is to enhance the access of MSMEs to the capital markets, including the SME trading platform and the institutional trading platform.
Ajay K Kapur, the deputy managing director of the bank, said that a significant increase in number of venture funds active in startups/MSME space in the past two years will create a large pipe of fast growing companies seeking public markets. This, he added, will prove beneficial to the SME exchange as well as investors seeking liquidity or exit. The bank has supported over 125 venture capital funds and thus can provide help for listing the investee companies on SME exchanges via its merchant banking operations.
If you want to stay updated with the share market news today, keep a close watch on the indian stock market today with real time movements like sensex today live and overall stock market today trends. Investors tracking ipo allotment status, ipo news today, or the latest ipo india can also follow daily updates along with bse share price live data. Whether you are learning how to invest in stock market in india, preparing for a market crash today, or searching for the best stocks to buy in india, insights on top gainers today india, top losers today india, trending stocks india and long term stocks india help in making informed investment decisions.