To create an enabling environment aimed at promotion and development of sustainable market-based financial services for Infrastructure, Housing and SMEs, and financing of exports, with ready access to formal financial system, to support long-term economic growth.

   Mission Statement

To transform into a dynamic, efficient department through learning from regional and international best practices, to develop and implement policies for Infrastructure, Housing & SME Finance, and support the government’s policies for financial incentives to priority areas, so as to effectively contribute towards the economic development of the country.

    About Us

Introduction of Department
SME Finance Department was established in July 2008 with the objective to focus on providing an enabling regulatory framework for SMEs, assessing their credit needs, capacity development of Banks/DFIs and awareness building through seminars/conferences, along with promotion of financial services for export led industrial growth.

As a result of the recent restructuring, Infrastructure and Housing Finance Department was merged with SME Finance Department, renamed as Infrastructure, Housing & SME Finance Department.

Currently, the Department has three divisions. i.e., SME Finance Division, Refinance Division and IH Finance Division

SME Finance Division
This Division is responsible for improvements in SME Policy and Regulatory framework through appropriate measures and Special Initiatives, in order to promote and develop SME Financing in the country.

Refinance Division
This division is responsible for formulating and implementing short and long term credit schemes on concessional terms for the promotion of exports of the country. Further, it also oversees the flow of banks' credit for commodity operations and to Public Sector Enterprises (PSEs) and Autonomous Bodies (ABs).

IH Finance Division
This division is responsible for taking developmental initiatives based on best international practices, improving regulatory environment and coordinating activities for development of long-term and sustainable funding/liquidity mechanisms for housing and infrastructure finance.

Departmental Goals

• To work for improvements in Regulatory framework in the areas of infrastructure, housing and SME Finance through appropriate measures and special initiatives.
• To Plan and execute Capacity Building measures for Banks.
• To formulate & implement credit schemes on concessional basis to promote the exports.
• To take measures for developing secondary mortgage Lending & securitization for ensuring long-term funding/liquidity to the housing and infrastructure sectors.
• To initiate research activities on related areas.
• To initiate measures for implementation of the HAG recommendations.
• To consolidate & publish DFG Quarterly Review.
• To monitor the flow of banks' credit to PSEs and for commodity operations.
• To monitor growth trends of sectors through collection of data/analysis, and dissemination of the same to stakeholders.

Departmental Objectives

• Promotion and Development of infrastructure, housing and SME finance.
• Capacity Building of Financial Institutions
• Promotion of Exports of the country
• Effective Coordination/Communication with key stakeholders.
• Effective monitoring of Banks Credit to PSEs/ABs and for commodity operations.