NEDFi Information

North Eastern Development Finance Corporation Ltd. (NEDFi) was incorporated as a Public Limited Company under the Companies Act, 1956, on August 9, 1995 with an authorized share capital of Rs. 100 crores with its registered head office as Guwahati, Assam. NEDFi is promoted by All India Financial Institutions - IDBI, SBI, ICICI Ltd., IFCI, SIDBI, LICI, SUUTI, GIC and its subsidiaries. It was notified as a Public Financial Institution in July 1996 under sec 4-A of the Companies Act 1956. NEDFi is also categorized as NBFC-Loan Company and was registered with the Reserve Bank of India as a non-deposit taking NBFC. The organization is headquartered in Guwahati and spread across all the North Eastern states of Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura with a network of 15 Branch Offices and 5 Representative Offices. Vision: To be the most preferred and trusted financial institution, excelling in customer service delivery through committed, caring and empowered employees. Mission: To be a dynamic and responsive organisation catalysing economic development of the North Eastern Region of India by identifying and financing commercially viable industries, providing valued 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. Core Values: Customer satisfaction by providing quality, timely and effective services and fairness in dealings; Maximization of stakeholders' value and Success through teamwork, innovation, integrity and people. Motto: Championing the entrepreneurial spirit of the North East