Small Industries Development Bank of India Established

In which year Small industries development bank of india was established, can you here give me short history of it , bcoz I am making a project on Small industries development bank of India as final year B.com student??

[Quick Sam]

As you said that you are doing m.com and making a project on Small industries development bank of India , and for it you are looking some historical information of this , so here I am telling you that Small industries development bank of India was established in April 2, 1990 under an Act of Indian Parliament, is the Principal Financial Institution for the Promotion, Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector and for Co-ordination of the functions of the institutions engaged in similar activities.

Small industries development bank of India maintained 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.


Small industries development bank of India associate with:
Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
India SME Technology Services Ltd.
SME Rating Agency of India Ltd. (SMERA)
India SME Asset Reconstruction Company Ltd (ISARC)
DELHI FINANCIAL CORPORATION [DFC]


Products & Services of Small industries development bank of India

SIDBI Benefits

Service Sector Assistance

Loan Facilitation & Syndication Service

Financing Schemes for Sustainable Development - Energy Efficiency and Cleaner Production
World Bank – GEF Project - Financing Energy Efficiency at MSMEs

Growth Capital & Equity Assistance

Receivable Finance Scheme

Flexible Assistance For Capital Expenditure

Finance for Upgradation / Modernisation

Government Subsidy Schemes

TIFAC- SIDBI Revolving Fund for Technology Innovation

Poorest States Inclusive Growth Programme (PSIG)