Question
Consider the following statements regarding Small Industries Development Bank of India (SIDB
- E industry & the loan amounts can range from Rs.10 lakh to Rs.25 crore. III.Currently,it plans to float a Rs 10,000-crore rights issue next fiscal to expand its equity capital. Which of the following information is incorrect?
- I - I.The SIDBI (Small Industries Development Bank of India) is a wholly-owned subsidiary of IDBI (Industrial Development Bank of India), established under the special Act of the Parliament 1988 which became operative from April 2, 1992. II.It offers a wide range of finance schemes to the Micro, Small, and Medium Enterprises (MSM
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