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Small Industries Development Bank of India
4.0
based on 74 Reviews
Company Overview
Company Locations
Working at Small Industries Development Bank of India
Company Summary
Principal financial institution catering to the development and financing needs of the Micro, Small, and Medium Enterprises sector.
Overall Rating
4.0/5
based on 74 reviews
On-Par with
industry average
Highly rated for
Salary, Work-life balance
Critically rated for
Promotions, Company culture
Work Policy
Work from office
100% employees reported
Monday to Friday
88% employees reported
Strict timing
59% employees reported
Within city
48% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
4 employees reported
Professional degree assistance
2 employees reported
Office cab/shuttle
2 employees reported
Health insurance
2 employees reported
View all benefits
About Small Industries Development Bank of India
Founded in1990 (35 yrs old)
India Employee Count1k-5k
Global Employee Count1k-5k
India HeadquartersLucknow, Uttar Pradesh, India
Office Locations
--
Websitesidbi.in
Primary Industry
Other Industries
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Small Industries Development Bank of India (SIDBI) set up on 2nd April 1990 under an Act of Indian Parliament, acts as the Principal Financial Institution for Promotion,Financing and Development of the Micro, Small and Medium Enterprise (MSME) sector as well as for co-ordination of functions of institutions engaged in similar activities
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Small Industries Development Bank of India Ratings
based on 74 reviews
Overall Rating
4.0/5
How AmbitionBox ratings work?
5
37
4
18
3
10
2
2
1
7
Category Ratings
4.0
Salary
3.8
Work-life balance
3.7
Job security
3.6
Skill development
3.6
Work satisfaction
3.3
Company culture
3.2
Promotions
Small Industries Development Bank of India is rated 4.0 out of 5 stars on AmbitionBox, based on 74 company reviews. This rating reflects a generally positive employee experience, indicating satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at Small Industries Development Bank of India
based on 72 reviews
4.3
Rated by 15 Women
Rated 4.2 for Work-life balance and 4.2 for Job security
3.9
Rated by 57 Men
Rated 3.9 for Salary and 3.8 for Work-life balance
Work Policy at Small Industries Development Bank of India
based on 19 reviews in last 6 months
Work from office
100%
Small Industries Development Bank of India Reviews
Top mentions in Small Industries Development Bank of India Reviews
+ 2 more
Compare Small Industries Development Bank of India with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 4.0/5 based on 74 reviews | 4.7/5 based on 3k reviews | 4.1/5 based on 4.3k reviews | 3.7/5 based on 2.3k reviews |
Highly Rated for | Salary Work-life balance | Work-life balance Company culture Skill development | Work-life balance Company culture Skill development | No highly rated category |
Critically Rated for | Promotions Company culture | No critically rated category | No critically rated category | Promotions |
Primary Work Policy | Work from office 100% employees reported | Work from office 91% employees reported | Work from office 69% employees reported | Work from office 91% employees reported |
Rating by Women Employees | 4.3 Good rated by 15 women | 4.5 Good rated by 162 women | 4.0 Good rated by 469 women | 3.4 Average rated by 312 women |
Rating by Men Employees | 3.9 Good rated by 57 men | 4.7 Excellent rated by 2.7k men | 4.1 Good rated by 3.3k men | 3.8 Good rated by 1.8k men |
Job security | 3.7 Good | 4.5 Good | 3.5 Good | 3.4 Average |
View more
Small Industries Development Bank of India Salaries
Small Industries Development Bank of India salaries have received with an average score of 4.0 out of 5 by 74 employees.
Customer Support Associate
(40 salaries)
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₹3.6 L/yr - ₹5 L/yr
C.S.A
(23 salaries)
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₹3.5 L/yr - ₹4.8 L/yr
Customer Service Associate
(21 salaries)
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₹3.5 L/yr - ₹4.8 L/yr
Assistant General Manager
(13 salaries)
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₹26 L/yr - ₹46.5 L/yr
Legal Executive
(11 salaries)
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₹5.3 L/yr - ₹10 L/yr
Junior Credit Analyst
(7 salaries)
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₹6 L/yr - ₹7 L/yr
AGM
(6 salaries)
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₹24 L/yr - ₹35 L/yr
Customer Support Executive
(6 salaries)
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₹3 L/yr - ₹5.3 L/yr
Credit Manager
(5 salaries)
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₹5 L/yr - ₹36.4 L/yr
Credit Analyst
(5 salaries)
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₹5.2 L/yr - ₹21 L/yr
Small Industries Development Bank of India News
NBFC lobby seeks govt incentives for EV financing to overcome bottlenecks
- The Finance Industry Development Council (FIDC) has sought a scheme to incentivize electric vehicle (EV) finance in India.
- FIDC highlighted that EV financing is a bottleneck and lacks the support and incentives given to EV manufacturers.
- They proposed the establishment of a dedicated fund with SIDBI or NABARD for funding non-banking financial companies (NBFCs) for on-lending to EVs.
- FIDC also suggested subsidizing interest rates under the interest subvention scheme for EV loans under Rs 10 lakh.
Yourstory | 12 Mar, 2025
SIDBI Secures $100 Million Credit Line from AFD To Boost Green Finance For MSMEs
- The Small Industries Development Bank of India has secured a $100 million credit line from AFD.
- The credit line will be used to expand access to affordable financing for MSMEs investing in energy-efficient technologies, renewable energy solutions, and climate-friendly business practices.
- The partnership aims to foster sustainable economic development and enhance climate resilience in emerging markets.
- SIDBI and AFD are committed to empowering MSMEs to invest in sustainable solutions for a greener and more inclusive economy.
Bloomberg Quint | 13 Feb, 2025
SIDBI and AFD, France ink $100 million deal to boost green finance for Indian MSMEs
- SIDBI and AFD have signed a $100 million deal to boost green finance for Indian MSMEs.
- AFD will provide a credit line of $100 million to SIDBI to expand access to affordable financing for MSMEs investing in energy-efficient technologies and renewable energy solutions.
- The partnership aligns with the goal of fostering sustainable economic development and enhancing climate resilience in emerging markets.
- SIDBI aims to provide long-term financial solutions to enable MSMEs to adopt cleaner technologies, improve energy efficiency, and reduce their carbon footprint.
HinduBusinessLine | 12 Feb, 2025
Avinya Startup Mixer 2.0 – Boosting Regional Innovation with SIDBI’s Support
- Avinya Ventures hosted its Startup Mixer 2.0 at The Amore, Surat, reaffirming its role in fostering India’s startup ecosystem in association with SIDBI.
- SIDBI is supporting the Startup India mission by empowering local entrepreneurs through financial support, mentorship, and resources tailored to their unique challenges.
- The event provided an inclusive platform for entrepreneurs to connect with investors and industry leaders, aligning with Avinya’s vision of empowering startups from diverse geographies.
- Avinya Ventures continues to be a cornerstone of India’s entrepreneurial ecosystem, actively shaping the future of innovation through events like Startup Mixer 2.0.
Startupreporter | 8 Jan, 2025
Need dedicated refinance window to ensure smooth flow of funds, NBFCs tell FM
- Finance Industry Development Council (FIDC) suggests a dedicated refinance window for NBFCs to ensure smooth flow of funds.
- The funds raised through this mechanism would be exclusively used to finance MSMEs, priority sector, and green initiatives.
- FIDC suggests that a Development Finance Institution like SIDBI should provide refinancing facility to NBFCs with special fund allocation from the government.
- NBFCs have been opting for foreign borrowings to reduce dependence on banks, leading to increased foreign investment.
HinduBusinessLine | 2 Jan, 2025
Capria Ventures to raise $100 million for India Fund III
- Capria Ventures has launched its $100-million Capria India Fund III.
- The fund will invest in 25-30 startups across various sectors.
- Capria plans to set aside 25% of the fund for follow-on investments in portfolio companies.
- SIDBI, Michael and Susan Dell Foundation, and Aarin Capital are some of Capria's previous fund investors.
Yourstory | 11 Dec, 2024
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Small Industries Development Bank of India Perks & Benefits
Small Industries Development Bank of India Offices
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Small Industries Development Bank of India FAQs
When was Small Industries Development Bank of India founded?
Small Industries Development Bank of India was founded in 1990. The company has been operating for 35 years primarily in the NBFC sector.
Where is the Small Industries Development Bank of India headquarters located?
Small Industries Development Bank of India is headquartered in Lucknow, Uttar Pradesh.
How many employees does Small Industries Development Bank of India have in India?
Small Industries Development Bank of India currently has approximately 1,700+ employees in India.
Does Small Industries Development Bank of India have good work-life balance?
Small Industries Development Bank of India has a Work-Life Balance Rating of 3.8 out of 5 based on 70+ employee reviews on AmbitionBox. 74% employees rated Small Industries Development Bank of India 4 or above, while 26% employees rated it 3 or below on work-life balance. This indicates that the majority of employees feel a generally balanced work-life experience, with some opportunities for improvement based on the feedback. We encourage you to read Small Industries Development Bank of India work-life balance reviews for more details
Is Small Industries Development Bank of India good for career growth?
Career growth at Small Industries Development Bank of India is rated as moderate, with a promotions and appraisal rating of 3.2. 26% employees rated Small Industries Development Bank of India 3 or below, while 74% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading Small Industries Development Bank of India reviews for more detailed insights.
What are the pros and cons of working in Small Industries Development Bank of India?
Working at Small Industries Development Bank of India comes with several advantages and disadvantages. It is highly rated for salary & benefits and work life balance. However, it is poorly rated for promotions / appraisal and company culture, based on 70+ employee reviews on AmbitionBox.
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