Merchant Banking Operation by SIDBI

Ajay K. Kapur, Deputy Managing Director, informed that Small Industries Development Bank of India (SIDBI) has supported over 125 venture capital funds and thus can provide support for listing the investee companies on SME exchanges through its merchant banking operations.

Now the institution has started merchant banking operations to benefit the increasing database of growth-oriented micro, small and medium enterprises (MSMEs).

The prime objective is to enhance the access of MSMEs to the capital markets, including the SME Trading Platform and Institutional Trading Platform, as mentioned by SIDBI said in a statement.