Manoj Mittal took charge as Chairman and Managing Director of Small Industries Development Bank of India

Manoj Mittal took charge as Chairman and Managing Director of Small Industries Development Bank of India (SIDBI).
Mittal has taken over as CMD of SIDBI, replacing S Raman.
He has extensive experience of over 33 years in the finance sector.
It includes his previous tenures as Managing Director and CEO at Industrial Finance Corporation of India (IFCI) and Deputy Managing Director at SIDBI.
Earlier, Mittal has worked as the Managing Director and Chief Executive Officer of state-owned non-banking finance company IFCI.
On April 2, 1990, SIDBI was established under an act of the Indian Parliament.
SIDBI is mandated to act as the principal financial institution for implementing the three-pronged agenda of promotion, financing and development of the MSME sector and to coordinate the work of various institutions engaged in similar activities.