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Gujarat State Financial Corporation was incorporated in 1960 under the State Financial Corporations Act, 1951. It is a state-level financial institution based in Gujarat, India, operating primarily as a development financial institution and provider of term lending. The corporation offers long-term financial assistance to small and medium-scale industrial enterprises, aiming to support industrial growth within the region, including rural and backward areas. Its activities span the financial services, development finance, and industrial finance sectors. Gujarat State Financial Corporation focuses on fostering economic development in Gujarat by facilitating access to finance for small and medium enterprises without any noted subsidiaries or listings on stock exchanges.
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