Samridhi – the virtual assistant’ and SIDBI

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Samridhi – the virtual assistant’

Why in news: SIDBI celebrated it’s Foundation day on April 2nd with launch of ‘ Samridhi – the virtual assistant’. It will answer standard queries of aspirants 24*7.

About SIDBI:
  • Small Industries Development Bank of India (SIDBI) was set up on 2nd April 1990 under an Act of Parliament.
  • It acts as the Principal Financial Institution for Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities.

Sources: pib.

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