Bank Profiles
North Eastern Development Finance Corporation Ltd. (NEDFi)
Headquarters: Guwahati, India
Additional Info
Type of bank
Development
Development
Established
1995
1995
Assets
244.87 million USD (2019)
244.87 million USD (2019)
Ownership
IDBI (25%), SBI (15%), LICI (15%), SIDBI (10%), ICICI (10%), IFCI (10%), SUUTI (10%), GIC (5%)
IDBI (25%), SBI (15%), LICI (15%), SIDBI (10%), ICICI (10%), IFCI (10%), SUUTI (10%), GIC (5%)
Mandate
To be a dynamic and responsive organization catalyzing economic development of the North Eastern Region of India by identifying and financing, commercially viable industries, providing value added advisory & consultancy services, promoting entrepreneurship through effective mentoring, skill development and capacity building of the micro, small and medium enterprises and generating sustainable livelihoods through Micro Finance and CSR activities read more
To be a dynamic and responsive organization catalyzing economic development of the North Eastern Region of India by identifying and financing, commercially viable industries, providing value added advisory & consultancy services, promoting entrepreneurship through effective mentoring, skill development and capacity building of the micro, small and medium enterprises and generating sustainable livelihoods through Micro Finance and CSR activities read more
Covid response
Summary
Providing accessible financing support to SMMEs and affected sectors through the provision of loans with favourable terms, and providing temporary payment relief to SMMEs through the implementation of payment moratoriums.
Loans
SMMEs, Large Business
SMMEs, Large Business
Debt Relief
SMMEs
SMMEs
Advisory services
Implemented the 'Scale Up Assam' Program which offers consultancy and advisory services to the government, private sectors, and other agencies. Program includes webinars, consultancy projects and mentoring services free of cost. read more
All bank profiles
Implemented the 'Scale Up Assam' Program which offers consultancy and advisory services to the government, private sectors, and other agencies. Program includes webinars, consultancy projects and mentoring services free of cost. read more
