Key Initiatives of the National Backward Classes Finance and Development Corporation (NBCFDC) in Advancing Social Empowerment
The National Backward Classes Finance & Development Corporation (NBCFDC) was founded on January 13th, 1992, under Section 25 of the Companies Act, 1956. It provides financial assistance through State Channelizing Agencies (SCAs) nominated by state governments and union territories and public sector and regional rural banks.
