North Eastern Development Finance Corporation Limited (NEDFi)
North Eastern Development Finance Corporation Limited (NEDFi) is a Guwahati-based development finance institution registered as a public limited company. Its shareholders are public financial institutions including IDBI, SBI, LIC, SIDBI, IFCI, SUUTI and GIC alongside ICICI. Its most recent reported performance is for FY2024-25, with record sanctions and a profit after tax of Rs 96.01 crore.
This page is a factual profile built from official sources: enterprise filings, the DPE Public Enterprises Survey, PIB releases, government orders and CAG reports. Figures carry their year; where no official figure was found, the field is left out rather than estimated.
How we verify →North Eastern Development Finance Corporation Limited (NEDFi) is a Guwahati-based development finance institution registered as a public limited company. Its shareholders are public financial institutions including IDBI, SBI, LIC, SIDBI, IFCI, SUUTI and GIC alongside ICICI. Its most recent reported performance is for FY2024-25, with record sanctions and a profit after tax of Rs 96.01 crore.
What happened
NEDFi identifies itself as North Eastern Development Finance Corporation Ltd (NEDFi), a Public Limited Company registered under the Companies Act 1956 on 9th August 1995, with shareholders listed as IDBI, SBI, LICI, SIDBI, ICICI, IFCI, SUUTI and GIC and its subsidiaries (source: nedfi.com who-we-are and annual-report pages).
Its headquarters contact is given as NEDFi House, G.S. Road, Dispur, Guwahati, Assam Pin 781006, with CIN U65923AS1995GOI004529 (source: nedfi.com annual-report page). Guwahati spans Kamrup Metropolitan and Kamrup Rural districts (source: Guwahati page), with Dispur treated here as Kamrup Metropolitan.
For FY25 the company states: During FY25, your Corporation delivered record operational milestones; sanctions increased to Rs. 882.98 crore; loan outstanding stands at Rs. 2,019.50 crore; profit after tax INR 96.01 crore (source: nedfi.com who-we-are page). Its site lists Annual Report 2024-25 as the latest report, with earlier reports back to 2004-05 (source: nedfi.com annual-reports page).
What we could not confirm
Shareholding percentages and the 51% government-holding calculation could not be confirmed from opened pages, so shareholding is null; ICICI (private) is among shareholders. Administrative ministry (commonly Ministry of Development of North Eastern Region) was not stated in opened excerpts, so administrative is null. Exact Annual Report 2024-25 adoption/AGM date was not in opened excerpts, so date uses FY-end 2025-03-31. Employee count not available. Assam Financial Corporation site (afcassam.in) and Assam finance portals were unreachable (connection refused/forbidden), so AFC could not be sourced from an opened official page.