SIDBI stands for Small Industries Development Bank of India. It is an Indian government agency that provides financial support to small and medium-sized enterprises. Here's a step-by-step breakdown of the acronym:

1. S - Small: This refers to the focus of the bank on small industries and businesses.

2. I - Industries: This indicates that the bank's primary clients are businesses in various industrial sectors.

3. D - Development: This signifies the bank's role in facilitating the growth and development of these businesses.

4. B - Bank: This is the institution that provides financial services.

5. I - India: This is the country where the bank is based and operates.

So, the correct expansion of SIDBI is Small Industries Development Bank of India.

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SIDBI stands for Small Industries Development Bank of India. It is an Indian government agency that provides financial support to small and medium-sized enterprises. Here's a step-by-step breakdown of the acronym:

1. S - Small: This refers to the focus of the bank on small industries and businesses.

2. I - Industries: This indicates that the bank's primary clients are businesses in various industrial sectors.

3. D - Development: This signifies the bank's role in facilitating the growth and development of these businesses.

4. B - Bank: This is the institution that provides financial services.

5. I - India: This is the country where the bank is based and operates.

So, the correct expansion of SIDBI is Small Industries Development Bank of India.

Knowee AI · Accepted Answer

SIDBI stands for Small Industries Development Bank of India. It is an Indian government agency that provides financial support to small and medium-sized enterprises. Here's a step-by-step breakdown of the acronym:

1. S - Small: This refers to the focus of the bank on small industries and businesses.

2. I - Industries: This indicates that the bank's primary clients are businesses in various industrial sectors.

3. D - Development: This signifies the bank's role in facilitating the growth and development of these businesses.

4. B - Bank: This is the institution that provides financial services.

5. I - India: This is the country where the bank is based and operates.

So, the correct expansion of SIDBI is Small Industries Development Bank of India.

Expand SIDBIOptionsSmall Indian Development bank of IndiaSociety Industrial development bank of IndiaSuper Industrial development bank of IndiaSmall industries development bank of India

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