| 6th November 2015 07:51 PM | |
| Saksham | Re: Small Scale Industries Development Bank Of India Small Industries Development Bank of India is an independent financial institution meant to assist the growth and development of micro, small and medium-scale enterprises (MSME) in India which was set up in 1990. In India it is the main 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. It is operating different programmes and schemes through 5 regional offices and 33 branch offices. It extends direct/indirect financial assistance to SSIs, assisting the entire spectrum of small and tiny sector industries on All India basis. The range of assistance comprising financing, extension support and promotional, are made available through appropriate schemes of direct and indirect assistance for the following purposes:- • Setting up of new projects • Expansion, diversification, modernization, technology up gradation, quality improvement, rehabilitation of existing units • Strengthening of marketing capabilities of SSI units. • Development of infrastructure for SSIs and • Export promotion. Direct Assistance Schemes SIDBI directly assists SSIs under • Project Finance Scheme • Equipment Finance Scheme • Marketing Scheme • Vendor Development Scheme • Infrastructural Development Scheme • ISO-9000 • Technology Development & Modernisation Fund • Venture Capital Scheme • Assistance for leasing to NBFCs, SFCs, SIDCs and • Resource support to institutions involved in the development and financing of small scale sector. Indirect Assistance Schemes Under its indirect schemes, SIDBI extends refinance of loans to small scale sector by Primary Lending Institutions (PLIs) viz. SFCs, SIDCs and Banks. At present, such refinance assistance is extended to 892 PLIs and these PLIs extend credit through a net work of more than 65,000 branches all over the country. All the Schemes of SIDBI both direct and indirect assistance are in operation in all the States of the country through 39 regional/branch offices of SIDBI. |
| 6th November 2015 06:26 PM | |
| Unregistered | Small Scale Industries Development Bank Of India Can you tell me in detail about the Schemes offered by Small Industries Development Bank of India under Indirect and Direct Assistance? |
