Centre for Industrial Credit and Financial Services(C-ICFS) is one of the principal operational wings of nisiet. The training, research and consultancy services of the Centre are broadly aimed at catering to the needs of providers and beneficiaries of finance and financial services. The training programmes are in the areas of evaluating lending procedures, industrial sickness, financial management practices, etc.

The on-going liberalisation brought in its wake enhancement in the investment outlay of small scale sector. Due to a corresponding increase in its financial requirements more or less on par with large enterprises in the corporate sector, a need arose for the small scale sector to explore capital markets both within the country and globally. The Centre for Industrial Credit and Financial Services outlined its scope and objectives afresh as demanded by such challenges in the changing environment.