What does HPFC mean? What is the full form of HPFC?

The full form of HPFC is Himachal Pradesh Financial Corporation

The Himachal Pradesh Financial Corporation (HPFC) is the premier agency of the State which caters to the financial needs of medium and small scale industries. The Corporation has been set-up under the State Financial Corporations’ Act, 1951 (Central Act) which governs its working.

The main function of HPFC is to meet term loan requirements of small scale and medium scale industries. The term loans are given for the acquisition of fixed assets like land, building, machinery and equipment. The loans are given for setting up new industrial units as well as for expansion and modernisation of the existing unit. The objective is to promote industries in this backward region for the industrial development of the State.

HPFC

means

Himachal Pradesh Financial Corporation

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What does HPFC mean? What is the full form of HPFC?

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