Cabinet approves equity support to Small Industries Development Bank of India
- Union Cabinet approved a Rs 5,000 crore equity infusion into Small Industries Development Bank of India (SIDBI) to expand credit flow to MSMEs.
- Capital is to be injected by the Department of Financial Services (DFS), Ministry of Finance in three tranches across FY2025-26 to FY2027-28.
- Aspirant relevance: links financial inclusion, MSME financing, public sector recapitalisation, and employment generation — examinable in GS-III (Economy) and Prelims (institutions).