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Who has the majority shareholding in SIDBI?

State Bank of India is the largest shareholder in SIDBI at 16.73%. SBI is closely followed by the Government of India at 15.4%. The other shareholders in SIDBI are Life Insurance Corporation of India (LIC), NABARD, NHB, Exim Bank, General Insurance Corporation of India and several other national banks. You can read about the SIDBI – Small Industries Development Bank of India & its Functions in the given link.

Further readings:

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

Related Links

National Bank for Agriculture and Rural Development (NABARD) [UPSC Notes]

Financial Inclusion – National Strategy for Financial Inclusion [UPSC GS-III]

Development Finance Institutions (DFI) – Objectives, Sector Specific DFI

Previous Years Economics Mains Questions for UPSC GS-3

License for Small Finance Banks by RBI

Bad Banks – Idea Proposed by Indian Banking Association (IBA) Due to COVID-19

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