Kerala State Financial Enterprises

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The Kerala State Financial Enterprises Limited
Type Public sector
Industry NBFC
Founded 1969
Founder(s) Government of Kerala
Headquarters Thrissur city, Kerala, India
Number of locations Kerala
Area served Kerala
Key people P.T. Jose (Chairman)[1]
P Rajendran (Managing Director)
Products Chitty, Loans, Savings, investment vehicles, etc.
Revenue IncreaseRs 105 crore
Net income Rs 16,451 crore
Total equity Rs 20 crore
Owner(s) Government of Kerala
Employees 6,000
Website http://www.ksfe.com

Kerala State Financial Enterprises Limited (KSFE) is a public sector non-banking financial company based in Thrissur city, Kerala, India.

History[edit]

It started functioning on November 6, 1969, with Thrissur city as its headquarters.[2] It started with a capital of Rs 2,00,000, 45 employees and 10 branches. It has now 470 branches and seven Regional Offices at Thiruvananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Kozhikode and Kannur.[3] KSFE is a Miscellaneous Non-Banking Financial Company (MNBFC) and is fully owned by the Government of Kerala. KSFE is the only chitty Company owned by the Government in the whole of India.

Criticism[edit]

KSFE found guilty of unfair trade practice

KSFE ordered to refund penal interest

References[edit]

  1. ^ http://www.ksfe.com
  2. ^ "Introduction". Kerala State Financial Enterprises. Retrieved 2010-03-04. 
  3. ^ "FAQ". Kerala State Financial Enterprises. Retrieved 2010-03-04. 

External links[edit]

Coordinates: 8°53′15″N 76°35′26″E / 8.88750°N 76.59056°E / 8.88750; 76.59056