SIDBI(Small Industries Development Bank of India) | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
The Small Industries Development Bank of India (SIDBI) is a statutory financial institution established on April 2, 1990, to support the Micro, Small, and Medium Enterprises (MSME) sector in India. Headquartered in Lucknow, it operates under the Ministry of Finance and serves as the principal financial institution for promoting and developing MSMEs. SIDBI plays a key role in enhancing global competitiveness of this sector by addressing both financial and developmental gaps.
SIDBI offers a variety of financing options, including direct and indirect financing, developmental programs, and support services tailored to MSMEs. Its offerings include term loans, working capital, refinancing for banks and financial institutions, and initiatives for sustainable practices. The bank also promotes technology adoption and entrepreneurship through digital platforms and partnerships, collaborating with multilateral agencies to support climate action and sustainable development initiatives.
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