Delhi Government Considers Winding Up Delhi Financial Corporation Amid Financial Losses
38 days agoBusiness
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2 SourcesDelhi, India
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Delhi Government Considers Winding Up Delhi Financial Corporation Amid Financial Losses

The Delhi government is considering winding up the Delhi Financial Corporation (DFC) due to prolonged financial difficulties and mounting losses. Established in 1967 to support micro, small, and medium enterprises, DFC has faced eroded capital and accumulated losses of Rs 42 crore, with an outstanding loan of Rs 80 crore owed to the government as of September 2025. The corporation ceased lending in 2023-24 and discontinued its medical scheme from January 2026 amid these challenges.

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