Small Industrial Development Bank of India Act, 1989 alongwith Rules, 2003

This authoritative edition compiles the Small Industrial Development Bank of India Act, 1989, together with the SIDBI Rules, 2003, forming the core legal framework that defines the establishment, governance, powers, and operational mandates of SIDBI. As India’s apex financial institution for the promotion and development of small-scale industries and MSMEs, SIDBI plays a crucial role in refinancing, credit enhancement, guarantees, direct lending, and facilitating institutional support for industrial growth. The Act explains SIDBI’s organizational structure, capital provisions, board composition, regulatory powers, financial instruments, and oversight mechanisms. The included Rules provide procedural clarity on meetings, decision-making, administrative functions, delegation of authority, and compliance obligations. This edition enables readers to understand both statutory provisions and the functional ecosystem of development banking in India. With well-organized chapters, clear formatting, and easy navigability, this book is an indispensable resource for legal practitioners, banking executives, financial regulators, academicians, company secretaries, and students of banking and finance law. It serves as a ready reference for institutional compliance, research, policymaking, and professional examinations related to MSME finance and development banking.