What is the objective of SIDBI?

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:

  1. Types of Non Banking Financial Institutions India
  2. World Bank Group – IBRD, IDA and 3 other institutions (UPSC Notes)

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