Acknowledgements
The Board acknowledges the valuable support received from the Government of India and the Reserve Bank of India.
The Board is also thankful to the World Bank Group; Japan International Cooperation Agency (JICA); Department for
International Development (DFID), U.K. Kreditanstalt fur Wiederaufbau (KfW), Germany; The Deutsche Gesellschaft
fur Internationale Zusammenarbeit (GIZ), Germany; International Fund for Agricultural Development (IFAD), Rome;
French Development Agency (AfD), France and Asian Development Bank (ADB) for their continued resource support
and technical cooperation. The Board places on record its appreciation for the co-operation extended to SIDBI by
Life Insurance Corporation of India (LIC), Banks, state level institutions, industry associations and other stakeholders
engaged in the promotion and development of the MSMS sector.
The Bank also thanks all its clients and investors for their co-operation and looks forward to the continued support in
the years to come. The Board recognizes and places on record its appreciation for the services of SIDBI staff, at all
levels who showed strong and continued commitment, integrity and dedication to take the Bank on a higher growth
trajectory during the year.