Guwahati: North Eastern Development Finance Corporation Limited (NEDFi) recorded sanctions of Rs. 977.42 crore during 2025-26, up from Rs. 882.98 crore in the previous financial year, taking its cumulative sanctions to Rs. 10,091.80 crore covering 34,327 projects.
The figures were presented at NEDFi’s 31st Annual General Meeting held on Tuesday at its registered office in Guwahati. NEDFi CMD PVSLN Murty outlined the corporation’s key achievements and milestones during the financial year while presenting the annual report to shareholders.
The corporation reported gross income of Rs. 270.82 crore during FY 2025-26, an increase of 4.40%. Interest income rose by 9.73% to Rs. 214.94 crore. Profit before tax stood at Rs. 127.77 crore, while net profit was Rs. 92.23 crore.
The Board of Directors recommended a dividend of 7% for FY 26.
NEDFi’s gross non-performing assets declined to 1.71% from 1.88% in FY 2024-25. Loan outstanding increased to Rs. 2,269.05 crore from Rs. 2,019.50 crore during the previous financial year.
The North East Venture Fund (NEVF), established in collaboration with the Ministry of DoNER and SIDBI, supported 70 start-ups across diverse sectors. The Manipur Start-up Venture Fund and NRL Ideation Angel Fund also committed over Rs. 33 crore to high-potential ventures.
NEDFi’s CSR initiatives focused on women empowerment, livelihood enhancement, employment-oriented skill development and promotion of the craft sector across the region. During FY26, support was extended to 1,291 beneficiaries across various trades and sectors.
The Corporation also supported artisans by facilitating their participation in exhibitions, trade fairs and sales events through its network of showrooms. During the year, 4,525 artisans benefited from these marketing initiatives.
NEDFi said it will continue to pursue sustainable and inclusive growth by expanding its reach to unserved and underserved areas, strengthening credit delivery and introducing flexible products. It will also focus on empowering MSMEs, microfinance beneficiaries and first-generation entrepreneurs through timely finance, mentoring and capacity building.
Murty expressed appreciation to the Board, Ministry of DoNER, Union Government Ministries, State Governments, banks, financial institutions and other stakeholders. He also thanked NEDFi’s shareholders for their continued trust, support and confidence in the corporation.