Financial Institutions

Finance (RBI)

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When was SIDBI established?

12 July, 1982

2nd April, 1990

9th July, 1988

1st January, 1982

Explanation:

Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities.

By: Srishti Gupta

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