Gujarat State Financial Corporation

This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these messages)

The topic of this article may not meet Wikipedia's notability guidelines for companies and organizations. Please help to demonstrate the notability of the topic by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond a mere trivial mention. If notability cannot be shown, the article is likely to be merged, redirected, or deleted.
Find sources: "Gujarat State Financial Corporation" – news · newspapers · books · scholar · JSTOR (March 2022) (Learn how and when to remove this message)

This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Gujarat State Financial Corporation" – news · newspapers · books · scholar · JSTOR (March 2022) (Learn how and when to remove this message)

This article uses bare URLs, which are uninformative and vulnerable to link rot. Please consider converting them to full citations to ensure the article remains verifiable and maintains a consistent citation style. Several templates and tools are available to assist in formatting, such as reFill (documentation) and Citation bot (documentation). (September 2022) (Learn how and when to remove this message)

(Learn how and when to remove this message)

Gujarat State Financial Corporation is a financial institution established by the State Government of Gujarat, India in 1961 under the State Financial Corporations Act, 1951. The corporation is under control of the Industries & Mines Department of the Government of Gujarat.

Function

edit

The main activity of the corporation was to sanction/disburse loans and advances to small and medium industrial units in Gujarat under various schemes.

In 2001, the corporation discontinued its main activity, viz., lending and advancing, and since then has been concentrating only on recovery and on its allied functions. The corporation discharges its functions/duties through a board of directors which consists of a chairman, a managing director, nominees of the state government and nominees of SIDBI. ^[1]

References

edit

^ http://gsfc.gujarat.gov.in/

This article about an Indian company is a stub. You can help Wikipedia by expanding it.