Cabinet Approves Rs 50 Billion Equity Infusion into SIDBI

23 Jan 2026 CW Team

The Union Cabinet, chaired by Prime Minister Narendra Modi, has recently approved an equity infusion of Rs 50 billion into the Small Industries Development Bank of India. The decision aims to strengthen SIDBI’s capital position and enhance the flow of affordable credit to micro, small and medium enterprises (MSMEs).

The equity support will be provided by the Department of Financial Services in a phased manner. An amount of Rs 30 billion will be infused in FY 2025–26, followed by Rs 10 billion each in FY 2026–27 and FY 2027–28, at the book value as of 31 March of the respective preceding financial years.

Following the capital infusion, the number of MSMEs receiving financial assistance is expected to rise from 7.6 million at the end of FY 2025 to around 10.2 million by FY 2028, adding nearly 2.5 million new beneficiaries. Based on current employment trends, this expansion is estimated to generate employment for around 11.2 million people by the end of FY 2027–28.

The Cabinet noted that SIDBI’s risk-weighted assets are expected to increase due to growth in directed credit, digital and collateral-free lending products, and venture debt for startups. Additional capital support will help the institution maintain a healthy Capital to Risk-weighted Assets Ratio, safeguard its credit rating and raise resources at competitive interest rates.

The approved equity infusion will enable SIDBI to sustain a CRAR above regulatory thresholds even under high-stress scenarios, supporting increased and cost-effective credit flow to MSMEs and reinforcing their role in India’s economic growth.

Infrastructure Urban

20 Mar 2026

Lemon Tree Hotels Signs Resort In Lonavala Maharashtra

Lemon Tree Hotels Limited (LTHL) has signed a licence agreement for Lemon Tree Resort in Lonavala, Maharashtra, with the asset to be managed by Carnation Hotels Private Limited, a wholly owned subsidiary of LTHL. The resort will offer 50 well appointed rooms and will include a restaurant, banquet, meeting room, swimming pool, spa and fitness centre. The company described the addition as part of its strategy to expand branded resort offerings in key getaway destinations. Lonavala, located in the Sahyadri hills, is a popular leisure destination in western India known for scenic landscapes and a ..

Kalai Chettinad Art And Architecture Festival At The Lotus Palace

The Lotus Palace Chettinad will host Kalai, the Chettinad Art and Architecture Festival, a four-day, three-night immersive celebration of the artistic legacy of Chettinad from three to six April 2026. The event has been organised by Apeejay Surrendra Park Hotels Limited (ASPHL) and will take place across restored heritage properties in Chettinad. It will be designed to offer guests a layered experience of place, structure and story that connects art, architecture and living traditions. The festival aims to present a confluence of global influences and local aesthetics. Kalai has been curated i..

SJVN Reaches One bn Units At 1,000 MW Bikaner Solar Project

SJVN Limited (SJVN) has reached a milestone with its 1,000 megawatt (MW) Bikaner Solar Power Project by generating one bn units of electricity on 20 March 2026. The achievement underscores the company's role in supplying clean and sustainable energy to the national grid. The generation milestone was recorded within months of the project commencing operations and highlights rapid performance from the new facility. The Bikaner project, located in Bikaner district of Rajasthan, has been developed and implemented by SJVN Green Energy Limited (SGEL) under the Central Public Sector Undertaking Schem..