Q. Where is the headquarters of the Small Industries Development Bank of India (SIDBI)?
Answer: Lucknow
Notes: Recently, the Small Industries Development Bank of India (SIDBI) has started a full-fledged merchant banking operations to help Micro, Small and Medium Enterprises (MSMEs) utilise capital markets for their funding requirements. The purpose of the initiative is to enhance the access of MSMEs to the capital markets, including the SME Trading Platform and Institutional Trading Platform. This move will prove beneficial to the SME exchange as well as investors seeking liquidity or exit from their investment. The bank has supported over 125 venture capital funds and thus can provide help for listing the investee companies on SME exchanges via its merchant banking operations. The headquarters of SIDBI is located at Lucknow, Uttar Pradesh.
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