Small Industries Development Bank of India (SIDBI)

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (SIDBI)

  • Small Industries Development Bank of India (SIDBI) was established in April 1990 under an Act of Indian Parliament as the principal financial institution for promotion, financing , development of industry in the small scale sector and co-ordinating the functions of other institutions engaged in similar activities.
  • Since its inception, SIDBI has been assisting the entire spectrum of SSI Sector including the tiny, village and cottage industries through suitable schemes tailored to meet the requirement of setting up of new projects, expansion, diversification, modernisation and rehabilitation of existing units.

Last modified: Tuesday, 24 April 2012, 9:18 AM