SIDBI Swavalamban
SIDBI Swavalamban https://www.fundstiger.com/sidbi-swavalamban/ Small Industries and Development Bank of India (SIDBI) Small Industries and Development Bank of India (SIDBI) mainly focuses on the financing, promotion and development of the Micro, Small and Medium Enterprises (MSMEs). Established in 1990, SIDBI’s primary objective is to strengthen the MSME sector by facilitating cash flow. The bank assists MSMEs to get funds for the development, commercialization and marketing of their innovative technologies and products. SIDBI offers customized financial products under several loan schemes and provides services to meet the demands of various business projects. SIDBI’s Objectives SIDBI majorly follows four major objectives which are development, promotion, coordination and financing. Some of its key functions incudes: SIDBI extends financial support to Small Scale Industry (SSIs), and other service sectors It provides indirect finance through banks, NBFCs, SFCs and other f...