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.