About SIDBI

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 & Vision

Mission

To facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in the MSME eco-system

Vision

To emerge as a single window for meeting the financial and developmental needs of the MSME sector to make it strong, vibrant and globally competitive, to position SIDBI Brand as the preferred and customer - friendly institution and for enhancement of share - holder wealth and highest corporate values through modern technology platform

Board Of Directors

BOARD OF DIRECTORS

Shri. Mohammad Mustafa

Chairman & Managing Director

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All Directors

EVOLUTION

Evolution of sidbi

SIDBI has been set up on April 02nd, 1990 under an Act of Indian Parliament. Being the Principal FI for MSMEs, SIDBI has dedicated its resources towards evolution of a vibrant MSME ecosystem

SIDBI’s initiatives have remained aligned to the national goals of poverty alleviation, employment generation, kindling entrepreneurship and fostering competitiveness in MSME sector

Some of SIDBI’s key initiatives over more than the past 25 years of tirelessly promoting thegrowth of MSMEs, include

Providing a cumulative assistance of around INR 5.40 lakh crore channelized into the MSME segment.

Directly impacting over 360 lakh persons/enterprises through its branch network of around 80 offices spread across the country as well as through the network of banks / institutions (having more than 1.25 lakh branches) across the country.

Extending loans, equity and quasi-equity aggregating to INR 13,689 crore benefitting 356 lakh disadvantaged people, mostly women, through its Micro Finance operations.

Deepening its outreach by nurturing and evolving more than 100 MFIs who have emerged as strong and viable financial intermediaries serving the unserved.

Supporting more than 1.16 lakh budding and existing entrepreneurs by infusing skills and reskilling initiatives.

Facilitating Institutions Building by adopting a SIDBI Plus approach and creating its Subsidiary and Associate Institutions for providing impetus to the growth of MSME ecosystem.

Developing a passionate pool of 1000+ professionals with 22% women and 40% belonging to SC/ST and OBCs category, for serving to the needs of the dynamic and consistently evolving MSME Sector.

SIDBI’s Historical Journey

1990

 

1994
foundation

Foundation of Microfinance Laid

1995
capital

Technology Bureau for Small
enterprise (TBSE) Setup which
converted into India SME
Technology Services

1999
capital1

SIDBI Venture Capital Limited

2000
creadit

Credit Guarantee Fund Trust for
Micro & Small enterprise
(CGTMSE)

2005
rating

SMERA Ratings Ltd.

2008
reconstruction

India SME Asset Reconstruction
Company Ltd. (ISARC)

2015
mudra

Setup MUDRA

2016
eecievables

Trade Recievables Discounting
System (TReDS)
www.udyamimitra.in
www.standupmitra.in

2017
consulting

Launched Certified Credit Counsellor (CCC)

2018
startup

Launch MSME Pulse
and CriSidEx

Financials

SHAREHOLDING