Small Industry Development Bank of India (SIDBI)

The Small Industry Development Bank of India (SIDBI) is a financial institution focused on supporting micro, small, and medium enterprises (MSMEs) in India. It provides funding, concessional loans, and financial services to promote the growth of small businesses, especially in underserved sectors. SIDBI also offers financial assistance to banks and financial institutions to enable them to lend more effectively to MSMEs. Its goal is to foster entrepreneurship, enhance competitiveness, and ensure sustainable development of small-scale industries across India, ultimately contributing to economic growth and job creation.