RFC's Net Profit Soars to Rs 18.82 Cr in FY25, 18-Fold Increase

• Rajasthan Financial Corporation (RFC) reported a net profit of Rs 18.82 crore for FY25, an eighteen-fold increase from the previous year.
• The corporation achieved strong business growth, exceeding targets for loan sanctions (Rs 212.07 cr), disbursements (Rs 142.32 cr), and recoveries (Rs 201.49 cr).
• RFC significantly improved asset quality, reducing its NPA portfolio by 20% to Rs 192.39 crore and net NPA from 14.04% to 8.01%.
• Support for youth entrepreneurs doubled under the Yuva Udyamita Protsahan Yojana (YUPY), with Rs 95.52 crore sanctioned for 65 units.
• The Rajasthan government and RIICO proposed a Rs 100 crore capital infusion, expected to boost MSME lending and diversify funding.

Why It Matters: RFC's strong performance signals economic growth and support for local businesses.