States' News

Kerala State Financial Enterprises

August 18 , 2025 416 days 1116 0

Kerala State Financial Enterprises (KSFE) became the first miscellaneous non-banking financial company (NBFC) in India to cross ₹1 lakh crore business turnover.
KSFE doubled its business from ₹50,000 crore to ₹1 lakh crore in four years.
The company posted a profit of ₹512 crore in the 2024-25 fiscal year.
KSFE provided ₹504 crore in financial assistance through interest waivers and contributed ₹920 crore to the Kerala state government.
KSFE holds fixed deposits worth approximately ₹8,925 crore in the state treasury.
Kerala Chief Minister has inaugurated the celebrations and unveiled KSFE’s new tagline: “KSFE: The Courage of Kerala.”