Gujarat State Financial Corporation incorporated under the State Financial Corporations Act of 1951, is a trend setter and path breaker in the field of industrial finance. It plays a major role in the development and industrialization of Gujarat by extending credit assistance to suit individual requirements.
FINANCING GROWTH AT THE GRASSROOTS
Gujarat State Financial Corporation as Pioneer Term lending and grass root level developmental financial institution in the State of Gujarat. It is catering to the demands of SSIs and to some extent MSIS from the seed bed since its inception from post independent era. It has made major contributions in the industrial development and economic growth of the state. During last four decades has made significant role towards decentralized industrial development and development of backward area, and in the process generated massive direct and indirect employment opportunities also. GSFC have placed a crucial role in promotion of first generation entrepreneurs. As a result, the state has witnessed massive growth in industrial sector, through the length and breadth of state.