ABOUT SIDBI
Small Industries Development Bank of India (SIDBI) was established on 2nd April 1990 under an Act of the Indian Parliament. It serves as the Principal Financial Institution for the Promotion, Financing, and Development of the Micro, Small and Medium Enterprise (MSME) sector in India, as well as for the coordination of functions of institutions engaged in similar activities.
Headquartered at 15, Ashok Marg, Lucknow – 226001, Uttar Pradesh, SIDBI operates through a wide network of 16 Regional Offices and 141 Branches across the country.
MISSION
To facilitate access to capital and build the capacity of MSMEs for their deeper integration into Indian and global value chains.
VISION
To emerge as the point of first contact for all stages of the MSME life cycle journey.
CORE VALUES
Ethics | Empowerment | Innovation | Equality | Environment
ROLE & MANDATE
SIDBI executes its mandate through five key channels:
1. Indirect Lending — Financing the MSME sector through Banks, Small Finance Banks (SFBs), NBFCs, MFIs, and New Age Fintechs, leveraging a multiplier effect for broader reach.
2. Direct Lending — Filling existing credit gaps through demonstrative and innovative lending products, scalable by the credit delivery ecosystem.
3. Fund of Funds — Boosting entrepreneurship culture by supporting emerging startups through the Fund of Funds channel, including investments in DeepTech, AI, and Advanced Manufacturing.
4. Promotion & Development — Promoting entrepreneurship and handholding budding entrepreneurs through credit-plus initiatives for holistic MSME sector development.
5. Facilitator — Acting as a Nodal Agency for MSME-oriented schemes of the Government of India, including PM Vishwakarma Scheme, PM SVANidhi Scheme, and PLI Schemes.
HISTORICAL MILESTONES
• 1990 — Established under Act of Parliament
• 1992 — Introduced Bills Discounting for MSME Vendors
• 1994 — Launched Micro Credit Scheme
• 1999 — Established SIDBI Venture Capital Limited
• 2000 — Established CGTMSE (Credit Guarantee Fund Trust for MSEs)
• 2005 — Established SMERA (now Acuité Ratings) and ISTSL
• 2015 — Established MUDRA
• 2016 — Launched RXIL TReDS and Standupmitra Platform
• 2017 — Launched Udyamimitra Portal
• 2018 — Launched PSBLoansin59minutes, MSME Pulse, CriSidEx
• 2023 — Launched Udyam Assist Platform (UAP) & FIT Rank
SUBSIDIARIES & ASSOCIATE ORGANIZATIONS
Subsidiaries:
• SIDBI Venture Capital Ltd
• SIDBI Trustee Company Ltd
• Micro Units Development & Refinance Agency Ltd (MUDRA)
Associates:
• India SME Technology Services Ltd (ISTSL)
• Acuité Ratings & Research Ltd
• Receivables Exchange of India Ltd (RXIL)
• Credit Guarantee Fund Trust for MSME (CGTMSE)
SHAREHOLDING PATTERN
SIDBI shares are held by the Government of India and twenty-two other institutions, public sector banks, and insurance companies owned or controlled by the Central Government. Key stakeholders include:
• Government of India — 20.85%
• State Bank of India — 15.65%
• Life Insurance Corporation (LIC) — 13.33%
• NABARD — 9.36%
• Others — 40.81%
KEY IMPACT INITIATIVES
• FIT Rank — Financial health ranking for MSMEs
• GST Sahay — GST-based lending options
• Udyam Assist Platform (UAP) — Informal enterprise support
• TReDS — Electronic bill discounting platform for MSMEs
• MSME Pulse & Outlook Survey — Knowledge publications tracking MSME health
• Fintech Pulse & Microfinance Pulse — Sector-specific research reports
Best regards,
Written By Megha Singh
