What is the full form of SIDBI?

SIDBI: Small Industrial Development Bank of India

The full form of SIDBI is Small Industrial Development Bank of India which was set up in 1990 under the act of Indian parliament.

SIBDI full form

SIDBI acts as a primary financial institution for Financing, Promoting and Development of the Micro, Small and Medium Enterprise.

Mission

The SIDBI always focus on small institutions and its mission is to create a sustainable, strong and feasible Microfinance Institution which can provide financial services to the economically weaker people, especially women.

Financial Support provided by SIDBI to MFIs

  • Loan
  • Equity/Quasi Equity
  • Capacity Building Grant

The headquarter of SIDBI is in Lucknow, Uttar Pradesh. State Bank Of India is the only biggest shareholder of SIDBI with the shareholding of 16.75% shares and the other in top ranks are Government Of India and Lice Insurance Corporation Of India.

Programmes & Initiatives

  • Loan Facilitation and Syndication Service
  • World Bank Projects
  • Promotional and Developmental Activities (P&D) Activities
  • Knowledge Partner

That is all about the SIDBI, hope you enjoyed reading the information in this article Full Form Of SIDBI.

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