SIDBI Full Form
SIDBI Full Form is Small Industries Development Bank of India
What is the full form of SIDBI
SIDBI: Small Industries Development Bank of India
SIDBI stands for Small Diligence Development Bank of India. It’s an independent fiscal institution in India which is established for the growth and development of micro, small and medium-scale enterprises (MSMEs). It was set up on 2 April 1990 under the Indian Companies Act, 1956 as a wholly possessed attachment of IDBI. As of October 2017, Mohammad Mustafa is the Chairman and Managing Director of SIDBI.
Its vision is to be a single platform to fulfill the fiscal and experimental requirements of MSME sector to make it encyclopedically competitive, and to help it come a reputed and client-friendly fiscal institution.
Its charge is to grease the credit inflow to MSMEs and deal with fiscal and experimental gaps in the MSMEs.
SIDBI has espoused a’Credit Plus’ approach to promote and develop the MSME sector. Under this approach, besides credit, it also supports enterprise development, cluster development, skill up-gradation, marketing support and technology modernization etc. Its business sphere includes Micro, Small and Medium Enterprises (MSMEs). These enterprises contribute significantly to the public frugality in terms of product, import and employment.
Key Products
Direct
SMILE Soft loan finances for micro, small and medium enterprises
Backing Schemes for Sustainable Development
Growth Capital and Equity Assistance
Service Sector Assistance
Receivable Finance Scheme
Finance for Upgradation Modernization
E-Brochures
SIDBI Full Form
Indirect
Micro and Small Enterprises Refinance Scheme (MSERS)
Backing to NBFCs
SIDBI Foundation for Micro Credit
Poorest States Inclusive Growth Programme (PSIG)
Government Schemes
Government Subvention Schemes
TIFAC-SRIJAN Scheme
Programmes & Initiatives
Loan Facilitation and Syndication Service
World Bank Systems
Promotional and Developmental Conditioning ( P&D) Conditioning
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