{"id":354654,"date":"2026-01-23T17:05:01","date_gmt":"2026-01-23T11:35:01","guid":{"rendered":"https:\/\/forumias.com\/blog\/?p=354654"},"modified":"2026-01-23T17:05:01","modified_gmt":"2026-01-23T11:35:01","slug":"small-industries-development-bank-of-india-sidbi","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/small-industries-development-bank-of-india-sidbi\/","title":{"rendered":"Small Industries Development Bank of India (SIDBI)"},"content":{"rendered":"<p><strong>News:<\/strong> The Union Cabinet has approved the equity support of Rs.5,000 crore to Small Industries Development Bank of India (SIDBI).<\/p>\n<h2>About Small Industries Development Bank of India (SIDBI)<\/h2>\n<figure id=\"attachment_354661\" aria-describedby=\"caption-attachment-354661\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-354661\" src=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/01\/Source-SIDBI.jpg?resize=300%2C200&#038;ssl=1\" alt=\"Small Industries Development Bank of India (SIDBI)\" width=\"300\" height=\"200\" srcset=\"https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/01\/Source-SIDBI.jpg?resize=300%2C200&amp;ssl=1 300w, https:\/\/i0.wp.com\/forumias.com\/blog\/wp-content\/uploads\/2026\/01\/Source-SIDBI.jpg?w=723&amp;ssl=1 723w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><figcaption id=\"caption-attachment-354661\" class=\"wp-caption-text\">Source &#8211; SIDBI<\/figcaption><\/figure>\n<ul>\n<li><strong>Set up:<\/strong> It was<strong> set up on 2nd April 1990 under an Act of Indian Parliament,<\/strong> as a wholly owned subsidiary of IDBI Bank. It was <strong>delinked from IDBI on March 27, 2000.<\/strong><\/li>\n<li><strong>Ministry:<\/strong> It comes under the<strong> Ministry of Finance.<\/strong><\/li>\n<li><strong>Headed by: <\/strong>Board of Directors along with Chairman &amp; Managing Director.<\/li>\n<li><strong>Mission:<\/strong> To facilitate and strengthen the <strong>flow of credit to MSMEs<\/strong> (Micro, Small, and Medium Enterprises) while addressing financial and developmental gaps within the MSME ecosystem.<\/li>\n<li><strong>Mandate: <\/strong>To <strong>serve as the principal financial institution<\/strong> for executing the triple agenda of promotion, financing, and development of the MSME sector.<\/li>\n<li><strong>Functions:<\/strong>\n<ul>\n<li><strong>Indirect Lending:<\/strong> The Bank <strong>provides financing to MSMEs<\/strong> through banks, SFBs, NBFCs, MFIs, and new-age fin-techs, leveraging the multiplier effect to achieve larger outreach.<\/li>\n<li><strong>Direct Lending:<\/strong> It <strong>fills existing credit gaps in the MSME sector<\/strong> through innovative and demonstrative lending products that can be scaled up by the credit delivery ecosystem.<\/li>\n<li><strong>Fund of Funds:<\/strong> The Bank <strong>supports emerging startups and promotes an entrepreneurship culture<\/strong> by providing capital through the Fund of Funds channel.<\/li>\n<li><strong>Promotion and Development:<\/strong> It <strong>promotes entrepreneurship and handholds budding entrepreneurs for holistic development of the MSME sector<\/strong> through credit-plus initiatives.<\/li>\n<li><strong>Facilitator:<\/strong> The Bank<strong> acts as a facilitator by serving as the nodal agency<\/strong> for government schemes aimed at MSMEs.<\/li>\n<\/ul>\n<\/li>\n<li><strong>Shareholders:<\/strong> Government of India (GOI), State Bank of India (SBI), LIC, and NABARD are among the major shareholders.<\/li>\n<li><strong>Headquarters:<\/strong>\u00a0Lucknow, Uttar Pradesh<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>News: The Union Cabinet has approved the equity support of Rs.5,000 crore to Small Industries Development Bank of India (SIDBI). About Small Industries Development Bank of India (SIDBI) Set up: It was set up on 2nd April 1990 under an Act of Indian Parliament, as a wholly owned subsidiary of IDBI Bank. It was delinked&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/small-industries-development-bank-of-india-sidbi\/\">Continue reading <span class=\"screen-reader-text\">Small Industries Development Bank of India (SIDBI)<\/span><\/a><\/p>\n","protected":false},"author":10366,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,3127,12039],"tags":[11872,3590],"class_list":["post-354654","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-economy","category-knolls","tag-9pm-daily-factly","tag-pib","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/354654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10366"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=354654"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/354654\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=354654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=354654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=354654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}