Satyavathi M., P. S. Ravindra
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Satyavathi M.1, Dr. P. S. Ravindra2
1Assistant Professor, Department of Management Studies, Vignan’s Institute of Engineering for Women, Visakhapatnam, Andhra Pradesh.p
2Professor, Department of Management Studies, Vignan’s Institute of Engineering for Women, Visakhapatnam, Andhra Pradesh.
Volume - 11,
Issue - 3,
Year - 2020
Small Industries Development Bank of India (SIDBI), committed to promoting a thriving environment that enhances the growth and competitiveness of MSMEs. Led by Vision 2.0, it undertaking a slew of initiatives, starting from empowering budding entrepreneurs to strengthening existing MSMEs. From democratizing credit access to MSMEs, through Direct and Indirect financing, to exposing small businesses to the working of large enterprises. This will help the MSMEs to understand the finer nuances of production, quality, technology and scalability. Being a financial institution, SIDBI must have sufficient resources to meet the credit needs of the MSMEs. For growth and survival of bank is depending on confidence of people on the bank. It can be achieved by the profitability of the bank. As profit is an index of performance of the bank. There fore to get social confidence, every financial institution is required to earn sufficient return on its investment. Financial soundness is very important for the success in whole the business. Finance department efficiency is key aspect to get success in other aspects of business. Hence it is very imperative to evaluate the financial position of SIDBI. In the present study efforts are made to evaluate the financial position of the SIDBI from 2007-08 to 2016-17 by using tools like percentage, ratio analysis.
Cite this article:
Satyavathi M., P.S. Ravindra. An Analysis on Financial Performance of Development Banks: A Case Study of SIDBI. Asian Journal of Management. 2020;11(3):291-296. doi: 10.5958/2321-5763.2020.00045.1
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