About SIDBI - Small Industries Development Bank of India

Toll Free Number: 180-022-6753

Overview

Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities

Mission

To Facilitate Access To Capital And Build Capacity Of MSMEs For Their Deeper Integration Into Indian And Global Value Chains.

Vision

To emerge as the point of first contact for all stages of MSME life cycle journey.

Values

Ethics, Empowerment, Innovation, Equality and Environment.

Board of Directors

Shri Manoj Mittal

Chairman & Managing Director

Shri Sudatta Mandal

Deputy Managing Director

Shri Prakash Kumar

Deputy Managing Director

Dr. Rajneesh

Additional Secretary & Development Commissioner (MSME), Ministry of MSME, Government of India Nominated by Government of India

Shri Manoj Muttathil Ayyappan

Joint Secretary Department of Financial Services, Ministry of Finance, Government of India Nominated by Government of India

Shri Anindya Sunder Paul

Chief General Manager, SBI Nominated by State Bank of India

Shri Laxmi Chand Meena

Former Executive Director, LIC of India Nominated by Life Insurance Corporation of India

Shri Manikumar S

Chief General Manager, NABARD Nominated by National Bank for Agriculture & Rural Development

Shri Amit Tandon

Founder and Managing Director of Institutional Investor Advisory Services India Limited (IIAS) Co-opted by the Board of Directors of SIDBI

Shri Jitender Kalra

Director, Nab Foundation and Expert in Skill Development, MSME Cluster Development and Leadership Coaching for Organizational Transformation Co-opted by the Board of Directors of SIDBI

Shri P J Thomas

Former Chief General Manager, Reserve Bank of India Co-opted by the Board of Directors of SIDBI

Ms. Padmaja Shailen Ruparel

Co Founder IAN Group & Sr Managing Partner IAN Alpha Fund Co-opted by the Board of Directors of SIDBI

Role Of SIDBI

Small Industries Development Bank of India has been established under an Act of the Parliament in 1990. SIDBI is mandated to serve as the Principal Financial Institution for executing the triple agenda of promotion, financing and development of the MSME sector and coordination of the functions of the various Institutions engaged in similar activities.

The Bank executes its mandate through-

Indirect Lending- based on multiplier effect/ larger reach in financing the MSME sector and is undertaken through Banks, SFBs, NBFCs, MFIs and New Age Fintechs.
Direct Lending- aims to fill the existing credit gaps in the MSME sector and is undertaken through demonstrative and innovative lending products, which can be further scaled up by credit delivery ecosystem.
Fund of Funds- boosts entrepreneurship culture by supporting emerging startups through the Fund of Funds channel.
Promotion and Development- promoting entrepreneurship and handholding budding entrepreneurs for holistic development of MSME sector through credit-plus initiatives.
Facilitator- playing a facilitator through roles like Nodal Agency for the MSME oriented schemes of the Government.

SIDBI’s Historical Journey

1990

Small Industries Development Bank Of India SIDBI), Set Up On April 2, 1990

1992

Introduced (Bills Discounting) Of MSME Vendors

1994

Launched Micro Credit Scheme

1999

Established & SIDBI Venture Capital Limited

2000

Established – CGTMSE

2005

Established – SMERA (now Acuité) And ISTSL.

2008

Established – ISARC

2010

Launched NTREES

2012

Launched PSIG

2015

Established – MUDRA

2016

Launched - RXIL TReDS And Standupmitra Platform.

2017

Launched - Udyamimitra Portal

2018

Launched PSBLoansin59minutes, MSME Pulse, CriSidEx And Swavalamban

2019

Launched Microfinance Pulse

2020

Launched Fintech Pulse And Industry Spotlight

2021

Digitisation Of Lending Process

2023

Launch Udyam Assist Platform(UAP) & FIT Rank