India is a fastest developing country in the world. After the implementation of New Economic Policy 1991 LPG was given importance. Micro, small and medium scale enterprises play an important role in employment generation. Finance plays important role in the development of industrial sector as other sectors. Micro, Small and Medium Enterprises (MSMEs) play a vital role in the development process of the country. Micro, small and medium scale industries are important because it helps in increasing employment and economic development of India. Karnataka is among the top five industrial states in the country. The strong base of large and medium scale industry established in Karnataka has given a wide scope for promotion of vibrant small scale sector in the state providing considerable employment opportunities to the people of Karnataka. KSFC aims at customer satisfaction and continual improvement through professional management and team work is the vision of KSFC. And its mission is to develop and service the SME Sector through need based products and services. This paper attempts to highlight the facts and issues related to KSFC. The paper contains Introduction, Objectives, Methodology, Highlighted Various Schemes and Provisions of KSFC.

implementation, Industrial Finance,management, Micro, Small and Medium Enterprises, Performance