Small Industries Development Bank of India (SIDBI) was established in 1990 and is headquartered in Lucknow, India. As a premier financial institution dedicated to promoting small scale and medium enterprises (SMEs), SIDBI plays a pivotal role in fostering entrepreneurship and providing financial support to the MSME sector. The bank’s key services include financial assistance, project financing, and development initiatives tailored to small industries, thereby enhancing the overall business ecosystem in India.
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SIDBI has been actively engaged in the bond market since its inception, issuing bonds to raise funds for financing SMEs. Notably, the bank issued its first bond in the early 1990s, which marked a significant milestone in its funding strategy. Recent issuances include green bonds aimed at environmentally sustainable projects, reflecting a commitment to sustainable development. Current yields on SIDBI bonds are competitive within the industry, offering attractive options for retail investors seeking exposure to the MSME sector. In 2022, SIDBI launched a special bond issue focused on the healthcare sector, which garnered significant interest amidst increasing infrastructure investments in the region.