Economics · Development Banks
What is the primary objective and function of the Small Industries Development Bank of India (SIDBI)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Regulating foreign direct investment in the retail sector
- 2Promotion, financing, and development of the Micro, Small, and Medium Enterprises (MSME) sector✓
- 3Providing long-term credit to the agricultural sector
- 4Financing large-scale infrastructure projects
Correct answer
Promotion, financing, and development of the Micro, Small, and Medium Enterprises (MSME) sector
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