SIDBI Act 17Chapter IV · Business of the Small Industries Bank
Section 17 · Power to transfer rights
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The rights and interests of the Small Industries Bank (including any
other rights incidental thereto) in relation to any loan or advance granted, or any amount recoverable, by it
may be transferred by the Small Industries Bank, either in whole or in part, by the execution or issue of
any instrument or by the transfer of any instrument by endorsement, or in any other manner in which the
rights and interests in relation to such loan or advance may be lawfully transferred, and the Small
Industries Bank may, notwithstanding such transfer, act as the trustee for the transferee.
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