Kshatrapati Shivaji to be new CMD of SIDBI [ Current Affairs ]


Kshatrapati Shivaji was IAS officer in 1986 batch and he has recently appointed as the Chairman and Managing Director of Small Industries Development Bank of India (SIDBI). According to the Finance Ministry, he has been appointed on deputation basis for a period of three years.

He is currently appointed as Principal Secretary (Expenditure) in Finance Department of Maharashtra government.

Details about SIDBI

  1. SIDBI stands for Small Industries Development Bank of India.
  2. It establishes a small-scale business unit or industry, loan on easy terms can be available through SIDBI.
  3. Head quarter of SIDBI is Lucknow.

- Published on: March 2, 2015