SIDBI

SIDBI partners fintech platform KarmaLife for micro loans to gig workers

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Small Industries Development Bank of India (SIDBI) has entered into an agreement with a fintech Onion Life Private Limited to use the latter’s technology platform KarmaLife for a pilot to provide micro loans to gig workers. This is expected to support the gig workers’ financial inclusion to formal institutional credit. KarmaLife will help gig workers … Read more

Government of Goa and World Bank collaborate to launch innovative blended finance facility for climate resilience

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The Government of Goa has announced a groundbreaking partnership with the World Bank to establish a pioneering Blended Finance facility aimed at bolstering climate resilience. According to a press release, this unprecedented initiative marks a significant step towards accessing and mobilizing concessional finance to implement low-carbon and climate-resilient investments in Goa, setting an example for … Read more