Sidbi's net income jumps 71 pc to Rs 3344 crore in FY23

The Small Industries Development Bank of India (Sidbi) on Tuesday said its net income jumped 71 per cent on-year to Rs 3,344 crore in FY23. The company's Chairman and Managing Director Sivasubramanian Ramann said the massive increase in profit and all other key number were driven by better all round performance which has helped it more than double its income to Rs 18,485 crore.

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