NEDFi reports rise in profit for FY24 by 14.19% to Rs 132.37 crore from Rs 115.92 croreNortheastern Development Finance Corporation Limited (NEDFi) reported a 14.19% increase in gross profit to Rs 132.37 crore for FY 2023-24. ...
NEDFi can join hands with State government for better success of micro lending facilities, says Assam CM Himanta Biswa SarmaAt the 29th foundation day of NEDFi in Guwahati, Chief Minister Himanta Biswa Sarma encouraged the financial institution to collaborate wit...
Northeastern India’s first API/Bulk Drug Plant inaugurated in GuwahatiChemex Global's pharmaceutical API manufacturing facility in Guwahati, first of its kind in the region, positions Assam as the next big pha...
NEDFi signs MoU with NIPER Guwahati for working together in NER startup ecosystemNEDFi, being a developmental financial institute from the region, is committed towards promoting and nurturing entrepreneurship in the Nort...
NEDFi declares 8% dividend amounting to Rs 800 lakhs to its shareholders in 2022-23North Eastern Development Finance Corporation Limited (NEDFi) has declared an 8% dividend of Rs 800 lakh for the financial year 2022-23. NE...
Bankers are key to regional economic development & successful implementation of central government schemes: G Kishan ReddyThe Northeast Banking Conclave was organized by Ministry of Development for the North Eastern Region, North Eastern Development Finance Cor...
North East Bankers Conclave to be held in Delhi on 28th AprilPVSLN Murty, Chairman and Managing Director, NEDFi stated that North East Bankers' Conclave is the first of a kind leadership event specifi...
NEDFi logged highest growth in sanctions in 2021-22The Corporation has till date, facilitated around 18000 crores of capital investments in the region through its interventions. The major th...
ICC-North East Initiative and NEDFi sign MoU to promote investment in the North EastThe MOU was officially signed by Sarat Kumar Jain, Chairman, ICC Assam State Council and S.K. Baruah, Executive Director, North Eastern Dev...
Australian High Commissioner to India highlighted a few strategic areas which may be explored togetherHe visited North Eastern Development Finance Corporation (NEDFi), NEDFi House, Guwahati and met the Chairman and Managing Director PVSLN Mu...
NEDFi's gross income increases 16.97% to Rs.184.84 crore in FY 2020-21NEDFi held its 26th Annual General Meeting on 23rd November, 2021.CMD NEDFi PVSLN Murty stated, “Despite the unstable economic scenario due...
PVSLN Murty appointed as new chairman and MD of NEDFiMurty, a Chief General Manager and Chief Strategy Officer of largest public sector bank State Bank of India (SBI), brings with him 40 years...
No cash crunch in Northeast: SBISBI North Eastern Circle refuted the reports that there is insufficient cash in the region.
Banks set target of disbursing Rs 1,000 crore under MUDRA scheme this fiscal in AssamOut of Rs 1,000 crore for the small entrepreneurs in the state, SBI alone plans to disburse Rs 650 crore.
Demonetisation: Assam CM Sarbananda Sonowal asks RBI and SBI to ensure smooth flow of fundsThe Chief Minister called up the RBI Regional Director and urged him to solve the problem immediately, said a government release here tonig...
No need to panic, cash being airlifted from Kolkata to NE: SBICash requirement of Northeastern states is met through supplies from Kolkata and is generally brought by road and rail routes, he added.
State Bank airlifting cash to North East; tea gardens want government help for paying workersThere are over 10 lakh labourers engaged in the tea industry of the Assam. Assam has over 850 big tea estates besides lakhs of small tea gr...