Role of Small Industries Development Bank of India Foundation for Micro Credit in India

Dr. P.B. REDDY; Dr.C.B.HARINATHA REDDY; Dr. MORUSU SIVA SANKAR

Volume : VI, Issue : IX, September - 2017

Role of Small Industries Development Bank of India Foundation for Micro Credit in India

Dr. P. B. Reddy, Dr. C. B. Harinatha Reddy, Dr. Morusu Siva Sankar

Abstract :

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