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SIDBI Full Form is Small Industries Development Bank of India
SIDBI meaning is the Small Industries Development Bank of India. SIDBI is the financial institution for the development of small industries in India and it is operating in the whole country. It was formed in 1990 and its headquarters is located in Lucknow, Uttar Pradesh, India. The main aim of this bank is to provide refinance facilities and short-term lending to industries and work as the principal financial institution in the Micro, Small, and Medium Enterprises (MSME) sector. It was formed under the act of the Parliament of India and also working under the Department of Financial Services of the Government of India.
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