To facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in the MSME eco-system
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
Deputy Managing Director
Additional Secretary & Development Commissioner (MSME), Ministry of MSME, Government of India Nominated by Government of India
Addl. Secretary, Department of Financial Services, Ministry of Finance, Government of India Nominated by Government of India
Former Chief General Manager, SBI Nominated by State Bank of India
Former Executive Director, LIC of India Nominated by Life Insurance Corporation of India
Chief General Manager, NABARD Nominated by National Bank for Agriculture & Rural Development (NABARD)
Former Executive Director, Reserve Bank of India Co-opted by the Board of Directors of SIDBI
Managing Director, Credit Suisse Securities India Pvt Ltd. Co-opted by the Board of Directors of SIDBI
Former Regional Lead – South Asia, Private Equity & Venture Funds, International Finance Corporation Co-opted by the Board of Directors 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.
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.
Small Industries Development Bank of India (SIDBI), set up on April 2, 1990
Launched Micro Credit Scheme
RXIL TReDS and Standupmitra platform
Launched PSBLoansin59minutes, MSME Pulse, CriSidEx and Swavalamban
Launched Fintech Pulse and Industry Spotlight