SIDBI was established for financing and promoting the Micro, Small and Medium Enterprise (MSME) sector. You can read about the SIDBI – Small Industries Development Bank of India & its Functions in the given link.
SIDBI provides financial assistance to the MSME sector through direct lending and indirect lending.
Further readings:
- Types of Non Banking Financial Institutions India
- World Bank Group – IBRD, IDA and 3 other institutions (UPSC Notes)
Comments