Maharashtra State Financial Corporation (MSFC)
Ans: Â Maharashtra State Financial Corporation (MSFC) has been set up under the “State Financial Corporations Act, 1951”. The Corporation operates In the State of Maharashtra from 1962 and In State of Goa and Union Territory of Daman and Diu since 1964. The main function of the Corporation is to meet the term loan requirements of small and medium scale industries for acquisition of fixed assets like land, building, machinery and equipments. The loans are considered for setting up new Industrial units as well as for expansion and modernisation of the existing units.
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