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SIDBIREA


4.0 ( 4560 ratings )
Utilitários Finanças
Developer: GEOSTAT
Livre

SIDBI was established on April 2, 1990 under an act of the Parliament. It is the principal
financial institution for promotion, financing and development of MSMEs in India. Over the
years, SIDBI has evolved as a one-stop institution to meet the various types of credit
requirements of the MSME sector by offering specialized fund based and non-fund based
financial products. In keeping with the spirit of innovation and entrepreneurship, SIDBI has
also enlarged its bouquet of offerings over the years. One such emerging area is the
financing of energy efficient, green technologies that also offers a tremendous opportunity
for the banking sector.
SIDBI is promoting sustainable development of MSME sector as it is key to the MSME
sector’s survival and growth in future. In order to improve productivity and competitiveness
of the MSME sector through EE measures in the production process, SIDBI scaled its EE
financing by contracting bilateral Lines of Credit (LoC) from Japan International
Cooperation Agency (JICA), KfW and AFD. SIDBI has also availed a World Bank LoC to
promote Clean technologies, Environmental and Social (E&S) standards in the MSME
sector. SIDBI has channelized loan assistance of more than USD 1 billion for energy
efficiency and cleaner production projects in MSMEs. Further, besides this WB-GEF
Project, SIDBI is also actively engaged in implementing a number of developmental
initiatives like End-to-End Energy Efficiency (4E) Programme, Partial Risk Sharing Facility
(PRSF) Project, etc.
SIDBI is the principal financial institution for the promotion, financing and development of
MSMEs in India. Over the years, SIDBI has evolved as a one-stop institution to meet the
various credit requirements of the MSME sector by offering specialized fund based and nonfund
based financial products