SIDBI and AFD sign $100 million credit facility to boost green finance for MSMEs
The Small Industries Development Bank of India (SIDBI) and Agence Française de Développement (AFD) have signed a $100 million credit facility agreement aimed at enhancing green finance solutions for micro, small, and medium enterprises (MSMEs) in India. Under the agreement, AFD will provide SIDBI with a $100 million credit line, which will be used to offer MSMEs access to affordable financing for energy-efficient technologies, renewable energy solutions, and climate-friendly business practices. This initiative combines AFD’s…