About SEDBI

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. Headquartered at Lucknow and having its offices all
over the country.

The MSME sector, the focused business domain for SIDBI, has been an important
pillar of the Indian Economy, contributing up to 33% in the country’s Gross Value
Added (GVA) as per FY 2014-15, with 51 million enterprises providing
employment to over 117 million Indians. Over the years, SIDBI has been working
towards the sustainable development of MSME sector, pioneering efforts that
have manifested in creation of economic wealth, its distribution for an egalitarian
society while preserving the ecological wealth of the country. These include the
innovative Credit Plus model, where credit is supplemented with advisory and
mentoring facilities to MSMEs. Some of SIDBI’s other revolutionary initiatives
include the MFI-led Microfinance movement in India that has nurtured and
strengthened more than 100 MFIs and facilitated creation of SFBs, introducing a
culture of energy efficient and sustainable finance for the MSME sector,
introducing Venture Capital, Risk Capital, Reverse Factoring and other innovative
facilities that have been later adopted by various public and private players in
the country.

Evolution of SIDBI
SIDBI has been set up on April 02nd, 1990 under an Act of Indian Parliament.
Being the Principal FI for MSMEs, SIDBI has dedicated its resources towards
evolution of a vibrant MSME ecosystem. SIDBI’s initiatives have remained aligned
to the national goals of poverty alleviation, employment generation, kindling
entrepreneurship and fostering competitiveness in MSME sector.

Some of SIDBI’s key initiatives over more than the past 25 years of tirelessly
promoting the growth of MSMEs, include:

 Providing a cumulative assistance of around INR 5.40 lakh crore channelized into
the MSME segment.
 Directly impacting over 360 lakh persons/enterprises through its branch
network of around 80 offices spread across the country as well as through the
network of banks / institutions (having more than 1.25 lakh branches) across the
country.
 Extending loans, equity and quasi-equity aggregating to INR 13,689 crore
benefitting 356 lakh disadvantaged people, mostly women, through its Micro
Finance operations.
 Deepening its outreach by nurturing and evolving more than 100 MFIs who have
emerged as strong and viable financial intermediaries serving the unserved.
 Supporting more than 1.16 lakh budding and existing entrepreneurs by infusing
skills and reskilling initiatives.
 Facilitating Institutions Building by adopting a SIDBI Plus approach and creating
its Subsidiary and Associate Institutions for providing impetus to the growth of
MSME ecosystem.
 Developing a passionate pool of 1000+ professionals with 22% women and 40%
belonging to SC/ST and OBCs category, for serving to the needs of the dynamic
and consistently evolving MSME Sector.

Shareholding Pattern Of SIDBI (As On June 29, 2018)

Sl. No. Name of the Shareholder No of shares held % of Holding

1 State Bank of India 89,000,000 16.73

2 Government of India 81,922,031 15.40

3 Life Insurance Corporation of India 75,798,889 14.25

4 National Bank for Agriculture & Rural Development 53,192,203 10.00

5 National Housing Bank 26,000,000 4.89

6 Punjab National Bank 21,200,000 3.99

7 Bank of Baroda 19,800,000 3.72

8 Canara Bank 19,359,610 3.64

9 Bank of India 15,100,000 2.84

10 Central Bank of India 12,700,000 2.39

11 Oriental Bank of Commerce 9,500,000 1.79

12 Union Bank of India 9,500,000 1.79

13 United India Insurance Company Limited 8,300,000 1.56

14 Corporation Bank 7,900,000 1.49

15 Export Import Bank of India 7,900,000 1.49

16 IDBI Bank 7,089,688 1.33

17 Allahabad Bank 6,300,000 1.18

18 General Insurance Corporation of India 6,300,000 1.18

19 National Insurance Company Limited 6,300,000 1.18

20 New India Assurance Company Limited 6,300,000 1.18

21 Oriental Insurance Company Limited 6,300,000 1.18

22 Syndicate Bank 6,300,000 1.18

23 Dena Bank 4,800,000 0.90

24 Indian Overseas Bank 4,800,000 0.90

25 Vijaya Bank 4,259,610 0.80

26 Andhra Bank 3,200,000 0.60

27 Bank of Maharashtra 3,200,000 0.60

28 Punjab & Sind Bank 3,200,000 0.60

29 UCO Bank 3,200,000 0.60

30 United Bank of India 3,200,000 0.60

Grand Total 531,922,031 100.00

NABARD

NABARD was established on the recommendations of B.Sivaraman Committee,

(by Act 61, 1981 of Parliament) on 12 July 1982 to implement the National Bank
for Agriculture and Rural Development Act 1981. It replaced the Agricultural
Credit Department (ACD) and Rural Planning and Credit Cell (RPCC) of Reserve
Bank of India, and Agricultural Refinance and Development Corporation (ARDC).
It is one of the premier agencies providing developmental credit in rural areas.
NABARD is India's specialised bank for Agriculture and Rural Development in
India.

The initial corpus of NABARD was Rs.100 crores. Consequent to the revision in
the composition of share capital between Government of India and RBI, the paid
up capital as on 31 May 2017, stood at Rs.6,700 crore with Government of India
holding Rs.6,700 crore (100% share). The authorized share capital is Rs.30,000
crore.
International associates of NABARD include World Bank-affiliated organizations
and global developmental agencies working in the field of agriculture and rural
development. These organizations help NABARD by advising and giving
monetary aid for the up liftment of the people in the rural areas and optimizing
the agricultural process.