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Sidbi launched a program to help small NBFCs qualify for bank funding. The program lasts for five months and aims to help small NBFCs scale up by providing them with design interventions and enabling them to apply for institutional funding based on holistic evaluation parameters.
As part of the program, 18 small NBFCs have been onboarded as the first cohort. The program will enhance the flow of funds for the MSME sector by helping NBFCs get institutional funding through specific advice, interactions with peers, and structured reviews and evaluations.
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