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SIDBIis the principal institution for promoting, financing and developing the micro, small and medium enterprises (MSMEs) sector in India. It was established in 1990 under an Act of the Parliament and has its website at https://www.sidbi.in/en. We would like to show you a description here but the site won’t allow us. Role OfSIDBISmall Industries Development Bank of India has been established under an Act of the Parliament in 1990.SIDBIis mandated to serve as the Principal Financial Institution for executing the triple agenda of promotion, financing and development of the MSME sector and coordination of the functions of the various Institutions engaged in similar activities. SIDBIis a government-owned institution that provides refinance, lending and other support to micro, small and medium enterprises in India. It also coordinates with other financial institutions, develops microfinance and entrepreneurship, and tracks MSME sentiment and credit activity.
