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What is SIDBI: Objectives and Functions for MSMEs about?

The Small Industries Development Bank of India (SIDBI) aims to promote, finance, and develop MSMEs in India while supporting infrastructure, technology upgrades, and entrepreneurship. Established in 1989, SIDBI provides various financial assistance schemes, including loans, refinancing, and venture capital, to enhance the capabilities of MSMEs. Its operations are managed by a Board of Directors and funded through external borrowings and domestic resources.

Author

swathi ece

Language

EN