Subsidiaries / Associates -driving impact at national level

SIDBI Venture Capital Limited (1999)
  • Investment Management Company
  • Managing 7 funds with aggregate drawable corpus of ₹1,754.39 crore
Credit Guarantee Fund Trust for MSEs (2000) branded as UDAAN
  • Credit Guarantee Scheme for MSEs up to ₹2 crore
  • 34.60 lakh MSE loan accounts covered worth ₹1.76 lakh crore, cumulatively
  • Highest ever guarantees of ₹30,168 crore approved during FY 2019
  • Claims aggregating ₹5,368 crore settled for 2,06,344 loan accounts cumulatively
India SME Asset Reconstruction Company Ltd (2008)
  • For acquiring NPAs including MSME NPAs
  • ₹413.30 crore Assets Under Management as of March 31, 2019
Online PSB Loans
  • Fintech platform anchored by the Bank along with 5 PSBs
  • In-principle approval in 59 minutes
  • 5,00,000+ Total Registrations
  • 50,706 MSMEs granted In-principle approvals
  • 27,983 final sanctions
India SME Technology Services Limited (2005)
  • Technology advisory & consultancy services for MSME EE projects
  • Technical Inspecting Agency for evaluating MSEs for single window scheme of certification by NSIC for Delhi NCR and northern states
  • Resulted in reduction of 1.08 lakh tonnes annual GHG emissions
Receivables Exchange of India Limited (2016)
  • Operating TReDS
  • Registered base of 153 Buyers, 632 MSME Vendors and 33 Financiers, as on March 31, 2019
  • 36,450 invoices aggregating ₹1,500.26 crore factored as at end of FY 2019
Micro Units Development & Refinance Agency (2015)
  • 204 institutions including 96 banks, 71 MFIs and 37 NBFCs are MUDRA partners
  • Outstanding portfolio of ₹11,846.92 crore as on March 2019
Acute ratings & Research Limited (2005) (erstwhile SMERA)
  • 1st MSME focused Credit Rating Agency and now full-service CRA
  • 45,000+ MSME ratings and 7,500+ Bank Loan ratings