Assam Financial Corporation

Submitted by pbhagawati on Thu, 03/19/2009 - 12:00

 

 

ASSAM FINANCIAL CORPORATION

Vittiya Bhavan, M.S.Road, Paltanbazar,
Guwahati-781 008

Assam.

Tel:0361-2513448/2633658
Fax-03612521859
 

 

Assam Financial Corporation, the premier financial institution engaged in promotion of small and medium scale industries in the region was established under the state Financial Corporation’s Act, 1951 by the Govt. of Assam vide Notification No. FTC.55/51/188 dated 19th April, 1954 with the objective of providing medium and long term credit to industrial concerns in Assam. Initially, the area of operation of the corporation was confined to the territorial limits of the then undivided Assam (including the present State of Meghalaya). On 15th March, 1960 the Corporation extended its jurisdiction to the Union Territory of Tripura and on 1st April, 1963 further to the Union Territory of Manipur after entering into agreement/ Tripartite Agreement with these two territories. At present the jurisdiction of the Corporation extends to Assam, Meghalaya, Manipur and Tripura.

 

 

State-wise Sanction and Disbursement of Loans:

 

State

Year

Number of Projects sanctioned

Assistance
Sanctioned & Disbursed (Rs. in Lakhs)

Sanctioned

Disbursed

Assam

1993-1994

165

537.26

460.39

1994-1995

93

515.07

442.11

1995-1996

74

289.46

330.77

1996-1997

42

154.91

218.07

1997-1998

43

391.82

190.67

1999-2000

54

333.92

 -

2000-2001

96

537.84

 -

2001-2002

63

116.59

152.02

2002-2003

19

55.15

84

2003-2004

-

-

51

2004-2005

7

132.85

14

2005-2006

6

87.50

49.74

2006-2007

47

425.75

179.40

2007-2008

53

528.40

455.94

Meghalaya

1993-1994

-

-

2.20

1994-1995

1

10.00

9.96

1995-1996

1

-

1.00

1996-1997

-

-

2.99

1997-1998

-

-

6.09

1999-2000

3

6.10

 -

2000-2001

4

10.70

 -

2001-2002

-

-

4

2002-2003

2

2.15

1

2003-2004

-

-

1

2004-2005

-

-

0

2005-2006

-

-

0

2006-2007

-

-

0

2007-2008

-

-

0

Manipur

1993-1994

-

-

0.60

1994-1995

4

24.07

8.08

1995-1996

-

-

6.33

1996-1997

-

-

-

1997-1998

-

-

10.38

1999-2000

5

21.83

 -

2000-2001

13

61.10

 -

2001-2002

-

-

6

2002-2003

-

-

2

2003-2004

-

-

0

2004-2005

-

-

0

2005-2006

-

-

0

2006-2007

-

-

0

2007-2008

-

-

0

Tripura

1993-1994

-

-

3.02

1994-1995

5

36.43

8.59

1995-1996

-

10.00

27.78

1996-1997

-

-

-

1997-1998

1

4.80

-

1999-2000

2

14.10

-

2000-2001

4

5.70

-

2001-2002

4

3.95

6

2002-2003

-

-

3

2003-2004

-

-

0

2004-2005

-

-

0

2005-2006

-

-

0

2006-2007

2

17.00

0

2007-2008

5

18.00

18.54

Total

1993-1994

165

537.26

466.21

1994-1995

103

585.57

468.74

1995-1996

75

299.46

365.88

1996-1997

42

154.91

221.06

1997-1998

44

396.62

207.14

1999-2000

64

375.95

 -

2000-2001

117

615.34

 -

2001-2002

67

120.54

168

2002-2003

21

57.30

90

2003-2004

-

-

52

2004-2005

7

132.85

14

2005-2006

6

87.50

49.74

2006-2007

49

442.75

179.40

2007-2008

58

546.40

474.48

Data source : Annual Report of Assam Financial Corporation

 

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