NBCFDCNational Backward Classes Finance and Development Corporation (India)
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The enhancement of the authorised share capital of NBCFDC from Rs.
Expressing her pleasure, Selja said that she was happy to note that the NBCFDC has provided loans of over Rs.
so that the policies and programmes of Government reach these areas as well and was happy to note that NBCFDC has identified additional channel North Eastern Development Finance Corpn.
Selja, who released a NBCFDC Performance Brochure on the occasion, said that the state governments will also need to provide adequate guarantees to the NBCFDC and strengthen their SCAs for absorbing allocated funds.
The training would enable them to find self-employment opportunities and also get gainful employment in new and emerging areas such as information technology etc," he added condemning the NBCFDC for initiating the scheme to provide soft loans for pursuing higher education at the graduate and post-graduate levels in the field of medicine, engineering, information technology etc.
Performance of NBCFDC has been rated excellent consecutively for the last twelve years by the Government against MoU target.
NBCFDC has also introduced Micro Finance Scheme through SHGs and Educational Loan Scheme New Akanksha for technical & professional courses at Graduate and higher level where loans are provided up to Rs.