 |
Wholly
owned by Government of Tamilnadu. |
|
Registered
with RBI as a Non Banking Finance Company vide Regn no: 07.00389 |
|
Classified
as a Hire Purchase Finance Company. |
|
Mobilises
funds through various attractive Deposit Schemes. |
|
Provides
Financial Assistance to Power and Infrastructure Projects and
provides funds to Tamil Nadu Electricity Board. |
|
Operations
fully Computerised. |
|
Managed
by the Chairman and Managing Director under the Board of Directors
where senior IAS officers / Professionals are Directors. |
|
Consistently
making profit since its inception in 1991. Declaring dividend
@ 20% on paid up equity share capital continously for the past
eight years since 1995 - 1996. |
|
Deposit
Schemes are as per RBI Guidelines. |
|
Total
Deposits as on 31/07/08 : Rs. 2908.37 Crores |
|
Total
Number of Deposits as on 31/07/08 : 295322 |
