Small Industries Development Bank of India
The Small Industries Development Bank of India (SIDBI) is a financial institution established in 1990 to support the growth and development of small-scale industries in India. It provides various financial products, including loans and credit facilities, to promote entrepreneurship and enhance the competitiveness of small businesses.
SIDBI also plays a crucial role in implementing government schemes aimed at boosting the small and medium enterprises (SME) sector. By offering guidance and support, SIDBI helps entrepreneurs access resources and improve their operational efficiency, contributing to the overall economic development of the country.