What is MP Financial Corporation (MPFC)?

MP Financial Corporation (MPFC):

• Establishment: Statutory corporation established in November 1955 under State Financial Corporations Act, 1951, headquartered in Indore.
• Core Purpose: Provides term loans, working capital, and financial assistance to Micro, Small, and Medium Enterprises (MSMEs) in MP.
• Focus Areas: Manufacturing, healthcare, tourism, logistics, and renewable energy sectors.