SIDBI

An Overview

Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, 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.

The MSME sector, the focused business domain for SIDBI, has been an important pillar of the Indian Economy, contributing up to 33% in the country’s Gross Value Added (GVA) as per FY 2014-15, with 51 million enterprises providing employment to over 117 million Indians. Over the years, SIDBI has been working towards the sustainable development of MSME sector, pioneering efforts that have manifested in creation of economic wealth, its distribution for an egalitarian society while preserving the ecological wealth of the country. These include the innovative Credit Plus model, where credit is supplemented with advisory and mentoring facilities to MSMEs. Some of SIDBI’s other revolutionary initiatives include the MFI-led Microfinance movement in India that has nurtured and strengthened more than 100 MFIs and facilitated creation of SFBs, introducing a culture of energy efficient and sustainable finance for the MSME sector, introducing Venture Capital, Risk Capital, Reverse Factoring and other innovative facilities that have been later adopted by various public and private players in the country.


Today, through a motivated and focussed approach towards resolving both financial and non-financial hurdles of the rising number of MSMEs, SIDBI has undertaken a series of structural initiatives and strategic interventions that will help make the MSME sector a strong and vibrant sector.

IamSMEofIndia Posts

12 hours ago

I am SME of India

TaxMantra and IamSMEofIndia present -

"The Advantage Dialogue
Global Expansion Strategy for SMEs"

Focus Country- Singapore

Program:
Date: 20th July 2019, Saturday
Time: 12.00pm-1.30pm
Venue: IamSMEofIndia, Sector 11, Mathura Road, Faridabad

Followed by Lunch

***No Registration Fee***

Open to all Entrepreneurs, Professionals, Startups looking at Global Expansion

To Register, SMS 'TAD-your mail id' to 9711123111

Proud to say IamSMEofIndia
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13 hours ago

I am SME of India

गुरुर ब्रह्मा गुरुर विष्णु गुरुर देवो महेश्वरः
गुरुः साक्षात्परब्रह्मा तस्मै श्री गुरुवे नमः

गुरु पूर्णिमा की हार्दिक शुभकामनाएं ||

#gurupurnima #iamsmeofindia #sme
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3 days ago

I am SME of India

IamSMEofIndia Stars of the Week-29
Proud to say #IamSMEofIndia🇮🇳

Himanshu Adlakha

#msme #staroftheweek #iamsme #starsoftheweek
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(A Not-for-Profit Institution to support Micro Small & Medium Enterprises)