Gujarat State Financial Corporation — Important, 25-02-2026: Company Update

Gujarat State Financial Corporation's annual report for the recent financial year indicates the company's loss increased by 5% to 125.34 Cr, up from 119.20 Cr previously. Accumulated losses grew by 3.8% to 3,425.16 Cr. Total income also saw a significant drop of 24.63% to 17.25 Cr. The corporation's staff strength reduced from 16 to 12. GSFC, historically a development financier for small and medium enterprises, stopped its primary lending activities in 2001-02 and now focuses solely on recovering dues.