Explain The Role Of Small Industries Development Bank Of India

Sir I have done the graduation and someone suggested to me to apply for the Small Industries Development Bank of India so I want to know that what is the role of this company

[Kiran Chandar]

Hey buddy the Small Industries Development Bank of India is an independent financial institution works to aid the growth and development of micro, small and medium-scale enterprises


Role of the Company

Well the basic role is to provide refinance facilities and short term lending to industries. It is headquartered in Lucknow.

Accomplishments

SIDBI retained its position in the top 30 Development Banks of the World in the latest ranking of The Banker, London.

As per the May 2001 issue of The Banker, London, SIDBI ranked 25th both in terms of Capital and Assets.


Career Opportunities

There is Post Assistant Manager Grade 'A' Online Registration starts from December to January,

Mode of exam is Online computerized. Exam conducts in january.


Eligibility

Age Eligibility is Minimum 21 years – Maximum 28 years.

Add +5 for SC/ST, +3 for OBC , +10 for PWD(General), Education Qualification is

Bachelor’s or Master’s Degree with minimum 60% (55% for SC/ST) marks in aggregate in any stream