Kerala Financial Corporation

Last updated

Kerala Financial Corporation
Company type Public sector
Industry NBFC
Founded1953
Headquarters Vellayambalam, Thiruvananthapuram, Kerala, India
Website www.KFC.org

Kerala Financial Corporation (KFC) is a government owned non-banking financial company in the state of Kerala, India. [1] The company was formulated by the State Financial Corporations Act of 1951 passed by the Kerala Legislative Assembly to accelerate the industrial growth of the state of Kerala. [2] [3] [4] The corporation was formally founded later, in 1953, as the Travancore Cochin Financial Corporation which was later, in 1956, renamed to Kerala Financial Corporation, following the state's reorganisation. [2] [3] As an attempt to boost entrepreneurship in the state, It has offered loans to various SMEs like iTraveller and Veekesy Polymers Pvt Ltd. [5]

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References

  1. Sathasivam, P. (14 March 2011). "Supreme Court of India - Kerala Financial Corporation vs Vincent Paul & Anr".
  2. 1 2 "Loan Schemes, Kerala Financial Corporation (KFC), Thiruvananthapuram, Kerala, India". kfc.org. Retrieved 30 June 2021.
  3. 1 2 ":: FINANCE DEPARTMENT :: GOVERNMENT OF KERALA". www.finance.kerala.gov.in. Retrieved 30 June 2021.
  4. [ dead link ]
  5. "Kerala Financial Corporation". www.kfc.org. Archived from the original on 18 December 2008.