mention four primary functions of SIDBI
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SIDBI is the Primary Financial Institution for promoting, developing and financing MSME (Micro, Small and Medium Enterprise) sector.
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Benefits of SIDBI
Custom-made. ...
Dedicated Size. ...
Attractive Interest Rates. ...
Assistance. ...
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Its purpose is to provide refinance facilities and short term lending to industries, and serves as the principal financial institution in the Micro, Small and Medium Enterprises (MSME) sector. SIDBI also coordinates the functions of institutions engaged in similar activities.
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