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SIDBI
April 8 , 2018
2475 days
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- The Small Industries Development Bank of India (SIDBI) celebrated its foundation day this year on April 2, 2018.
- The day was celebrated as day of Sampark (connect), Sanwad (interaction), Suraksha (security) and Sampreshan (disseminate).
- MSME contact programme; Samridhhi, a virtual assistant; revamped SIDBI website (www.sidbi.in) and Bankability Kit were launched on this occasion.
- It was established on April 2, 1990 through an Act of Parliament (thus, it is statutory body). It is headquartered in Lucknow, Uttar Pradesh.
SIDBI
- SIDBI is the principal development financial institution for promotion, financing and development of Micro, Small and Medium Enterprises (MSME) sector in India.
- SIDBI aims to facilitate and strengthen credit flow to MSMEs and address both financial and developmental gaps in MSME eco-system across the country.
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