SIDBI stands for Small Industries Development Bank of India. It is an independent financial institution in India which is established for the growth and development of micro, small and medium-scale enterprises (MSMEs). It was set up on 2 April 1990 under the Indian Companies Act, 1956 as a wholly owned subsidiary of IDBI. As of October 2017, Mohammad Mustafa is the Chairman and Managing Director of SIDBI.

Its vision is to be a single platform to fulfill the financial and developmental needs of MSME sector to make it globally competitive, and to help it become a reputed and customer-friendly financial institution.

Its mission is to facilitate the credit flow to MSMEs and deal with financial and developmental gaps in the MSMEs.

Key Products


  • SMILE: Soft loan funds for micro, small and medium enterprises
  • Financing Schemes for Sustainable Development
  • Growth Capital and Equity Assistance
  • Service Sector Assistance
  • Receivable Finance Scheme
  • Finance for Upgradation Modernization
  • E-Brochures


  • Micro and Small Enterprises Refinance Scheme (MSERS)
  • Assistance to NBFCs
  • SIDBI Foundation for Micro Credit
  • Poorest States Inclusive Growth Programme (PSIG)

Government Schemes:

  • Government Subsidy Schemes

Programmes & Initiatives

  • Loan Facilitation and Syndication Service
  • World Bank Projects
  • Promotional and Developmental Activities (P&D) Activities
  • Knowledge Partner

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