Small Farmers Development Bank (Sana Kisan Bikas bank) as an apex microfinance bank emerged in July 2001 to provide wholesale credit along with the technical support services mainly to the Small Farmers Cooperatives Ltd.(SFCLs) and similar types.

The bank is incorporated under the Company Act. And licensed under the Bank and Financial Institutions Act (BAFIA) 2006 as a “D” class bank. Currently, this bank has started providing wholesale credit to other cooperatives and Microfinance institutions (MFIs) too in order to expedite access to microfinance services for the low income people especially living in hills and mountains of the country.