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Particulars of RFC, Functions and Duties

 

The Rajasthan Financial Corporation (RFC) was constituted under a notification  of the State Government dated 17th January, 1955 under the SFCs Act,1951, for  providing  long term financial support to tiny, small scale and medium scale industries in the State of Rajasthan.The Corporation is continuing to work as a Catalyst of development for translating into practice the industrial policies and priorities of the Central and the State Governments as also for providing and improving upon immediate assistance in the planned and balanced development of industries in the State, particularly in the small and tiny sectors.Since, its very inception, the Rajasthan Financial Corporation  has been striving incessantly towards its Goal that of extending a helping hand to  varied entrepreneurial section of society for their financial requirements. A Goal, ultimately aimed at spurring up the process of industrialization of its parent State.For the fulfillment of its prime objective it operates various loan schemes for the tiny, small and medium scale industries, many of them tailor- made for specific entrepreneurial classes.Ever prepared to adopt as well as to adapt itself to the changing industrial needs, RFC has over the period, widened  its network, multiplied its numerous schemes and added multifold  to its policies and incentives, liberalising  them with the need of the hour.