Performance of sfcs in eastern region: A comparative study of OSFC and WBFC with special reference to NPA

The roles of the State Financial Corporation-apos;s (SFCs) are very crucial for overall economic development of India in general and of the concerned state in particular. These institutions are imparting loan facilities to the small and medium industries of the concerned state. It is evident that most of the SFCs have been crippling with serious financial crisis at present. Given all the facts intact, this study compares and analyses the performances of the Odisha State Financial Corporation (OSFC) and West Bengal Financial Corporation (WBFC) regarding NPA management. This study is based on the secondary data, on the basis of which it analyses the trends of advances, recovery, profitability and NPA by using different statistical techniques such as ratios, percentage, descriptive statistics, t-test, etc. It is found that the performance of WBFC is much better than the OSFC.