Information under section 4 (1)(b) of the Right to Information Act, 2005
Item Provision Details
4.b.i The particulars of Small Industries Development Bank of India (SIDBI) has organization functions and been established under THE SMALL INDUSTRIES duties DEVELOPMENT BANK OF INDIA ACT, 1989 with its Head
office at Lucknow, Uttar Pradesh [hitherto referred to as
“The Bank”] .
SIDBI is the principal financial institution for the promotion,
financing and development of industry in the small-scale
sector and to co-ordinate the functions of the institutions
engaged in the promotion, financing or developing industry
in the small-scale sector and for matters connected
therewith or incidental thereto. The Bank has also been
authorised by Government of India (GoI) to provide financial
assistance to small and medium enterprises.
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4.b.ii The powers and duties of All the officers of the Bank have certain specified duties and
its officers and employees delegated powers as required for the day-to-day functions
depending upon their positions/area of work. The Board
decides the delegation of such powers of various grades of
officials. These powers are reviewed / revised, depending
upon the organization’s requirement and also Government /
4.b.iii The procedure followed in There is a well defined system in the Bank regarding the decision making decision making process. The Bank follows a committee
process, including based approach for all its lending decisions wherein
channels of supervision Credit/Settlement committees have been set up right from
and accountability. branch level depending upon the nature and size of loan.
Branches receive applications for credit facilities and
recommend to the appropriate sanctioning authority. In the
case of major loan products applications are processed at
branches and Centralised Credit Processing Cells.
There is a defined organizational structure and clear system
of accountability based on RBI / CVC guidelines. All credit
decisions approved by any sanctioning authority are
reported to the next higher authority for control / monitoring
purpose. The system of exercising proper delegation of
power and submission of control reports is in place and they
are monitored by control officers.
Administrative decisions are taken at various levels of
Officers and also by Executive Directors and Chairman &
Managing Director as per the powers delegated to them by
4.b.iv The norms set by the The policies and norms are duly approved by the Board of
Bank for the discharge of Directors of the Bank and necessary instructions are issued
its functions. by the Bank’s Policy Departments to the Zonal
offices/Regional Office/branches and other Depts of the
Bank. Major policies of the Bank are also made available at
the Bank’s website from time to time.; 4.b.v The rules, regulations, There are a number of documents like manuals, book of
instructions, manuals and instructions, codified circulars, delegation of powers,
records, held by the Bank subordinate legislations etc. issued for internal use by the
or under its control or employees for discharging various functions.
used by its employees for
discharging its functions.
4.b.vi A statement of the The documents being obtained at the time of lending are categories of documents preserved at the respective branch offices of the Bank. The that are held by the Bank Bank maintains register of share holders and record of or under its control. proceedings of the Board meetings at its Head Office at
4.b.vii The particulars of any The Bank’s shareholders are IDBI, LIC, GIC, other arrangement that exists Nationalised Banks / FIs. Representatives of the for consultation with, or shareholders and Industry Association / SSI Sector are representation by, the members on the Board of Directors. The issues concerning members of the public in the policies can be raised by the shareholders in the Annual relation to the formulation General Meetings of the Bank and by members in the Board of its policy or meetings. The Bank also publishes its quarterly and annual implementation thereof. results/reports in the Bank's website and in the news
4.b.viii A statement of the boards, The Bank has the following bodies:
councils, committees and
other bodies consisting of 1. Board of Directors.
two or more persons
constituted as its part or 2. Executive Committee
for the purpose of its 3. Audit Committee advice, and as to whether
meetings of those boards, 4. Risk Management Committee
councils, committees and
other bodies are open to 5. Committee for Supervision of State Financial
the public, or the minutes Corporations
of such meetings are
accessible for public The Board and its Committees meet at regular intervals and
guide the bank in achieving its objectives. The meetings of
the Board or Committees are not open to the public and the
minutes of such meetings are not accessible to public.
4.b.ix A directory of its officers The list of branches and officers posted therein are available
and employees. with Zonal / Branch Offices. The list of offices is available at
the Bank’s website. List of officers is given in the Annexure.
4.b.x The monthly remuneration The details of Scales of Pay of Officers & Staff are given in
the Annexure. received by each of its
officers and employees,
including the system of
compensation as provided
in its regulations
4.b.xi The budget allocated to There are no plans and budgets for expenditure of public
each of its agency, money. The provision is not applicable to that extent to the
indicating the particulars Bank.
of all plans, proposed
expenditures and reports
on disbursements made.
4.b.xii The manner of execution The Bank does not have its own subsidy programmes or
of subsidy programmes plans for lending activities. However, the Bank is the nodal
including the amounts agency for implementing GoI sponsored schemes like Credit
allocated and the details Linked Capital Subsidy Scheme (CLCSS), Technology
of beneficiaries of such Upgradation Fund Scheme (TUFS) & Integrated
programmes. Development of Leather Sector (IDLS). Details / provisions
of these schemes are available at the Bank’s website.;
4.b.xiii Particulars of recipients of There is no programme in the Bank for grant of
concession, permits or concessions, permits, authorization etc.
authorizations granted by
4.b.xiv Details in respect of the The general information regarding deposits, advances and
information available to or other services offered by the Bank are available at the
held by it, reduced in an Bank’s website..
4.b.xv The particulars of facilities The facilities for availing information are available to citizens
available to citizens for at the Bank’s website. Public can also approach CPIO /
obtaining information CAPIOs of the Bank whose addresses are given at the
including the working Bank’s website. Bank does not maintain any library or
hours of a library or reading room for public use.
reading room, if
maintained for public use.
4.b.xvi The names, designations In-charges of branch offices have been designated as the
and other particulars of CAPIOs for their respective areas and General Manager at
the public Information HO, Lucknow has been designated as CPIO. The
officers addresses of the Bank offices are available at its website i.e.