Small Industries Development Bank of India

The Small Industries Development Bank of India (SIDBI) is a government-backed financial institution aimed at promoting and supporting small-scale and medium-sized enterprises (SMEs) in India. Established in 1990, SIDBI provides various forms of financial assistance, including loans and credit facilities, to help these businesses grow and innovate. Additionally, it offers advisory services and plays a key role in developing the small business ecosystem by facilitating entrepreneurship, fostering technology development, and enhancing accessibility to markets. Its goal is to boost the overall economic development of the country by empowering small industries.