Ambit Finvest

SIDBI Enters Co-Lending Space for Unsecured Loans to MSMEs

Sivasubramanian Ramann, CMD, SIDBI said “NBFCs are an important vehicle in the growth strategy of SIDBI due to their willingness and ability to reach bottom of the pyramid businesses, especially in credit deficient geographies, adoption of innovative and nimble credit delivery models and understanding of the local ecosystem."