Small Industries Development Bank of India (SIDBI)

SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA (SIDBI)

Regional Office, IDBI Building, G.S.Road, Guwahati - 781005

SIDBI was established on April 2, 1990. The Charter establishing it, The Small Industries Development Bank of India Act, 1989 envisaged SIDBI to be "the principal financial institution for the promotion, financing and development of industry in the small scale sector and to co-ordinate the functions of the institutions engaged in the promotion and financing or developing industry in the small scale sector and for matters connected therewith or incidental thereto.

Business Domain of SIDBI:

The business domain of SIDBI consists of small scale industrial units, which contribute significantly to the national economy in terms of production, employment and exports. Small scale industries are the industrial units in which the investment in plant and machinery does not exceed Rs.10 million . About 3.1 million such units, employing 17.2 million persons account for a share of 36 per cent of India's exports and 40 per cent of industrial manufacture. In addition, SIDBI's assistance flows to the transport, health care and tourism sectors and also to the professional and self-employed persons setting up small-sized professional ventures.

SIDBI's Assistance in NER:

The cumulative sanctions and disbursement of financial/non-financial assistance by SIDBI in NER since its inception amounted to Rs 152.67 crore and Rs 137.72 crore respectively as on 31/03/ 2006.

Loan Sanction and Disbursement of SIDBI:

(Rs. Lakh)

Source: Annual Reports, SIDBI