SIDBI
Ans: Â SIDBI is a locally owned subsidiary of IDBI. It commenced Its peration on April 2,1990 by taking over the outstanding portfolio and activities , of IDBI pertaining to small-scale sector. The main functions of SIDBI are:
(I) Â Â Â Â Refinance Assistance
(II) Â Â Â Direct Assistance
(III) Â Â Bills Scheme.
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