The Small Industries Development Bank of India, established in 1990 as a wholly-owned subsidiary of IDBI and now an independent development finance institution, is the principal financial institution for promotion, financing, and development of MSMEs in India — managing a loan book of over ₹3 lakh crore. SIDBI recruits Assistant Manager (Grade A), Manager (Grade B), and Deputy General Manager posts through competitive written examinations, interviews, and group discussions, drawing management graduates and finance professionals who value SIDBI's development-finance mission, RBI-equivalent pay scale, and its positioning at the intersection of government policy and private MSME lending.
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