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-      It has been brought to our attention that some unscrupulous elements may have misused the name and logo of Small Industries Development Bank of India (SIDBI) without the authority or knowledge of SIDBI to deceive members of the general public.

-      The public at large and institutions / entities having linkages with SIDBI are requested to note that authentic information relating to SIDBI and its Schemes / Products / Facilities is available on SIDBI’s website i.e. www.sidbi.in or at SIDBI’s Offices.

-      It is also clarified that SIDBI is an All India Public Financial Institution established by Government of India under Small Industries Development Bank of India Act, 1989 and does not offer banking facilities such as Savings Bank or Current Accounts / Internet Banking / Demat Account or issuance of Demand Drafts, Pay Orders or Cheque Books.

-      The public at large is therefore advised to remain cautious and not rely or act upon information relating to SIDBI / its Schemes / Facilities / Products which is not available on the authentic website of SIDBI or confirmed by SIDBI’s Office(s).

-      This notice is being issued for information of members of the general public / Institutions to guard against unscrupulous elements in their own interest. Members of the public / institutions dealing with such elements would be doing so at their own costs and consequences for which SIDBI shall not in any way be responsible.