Finance Minister K.N. Balagopal’s announced loans at low interest rates to Micro, Small and Medium Enterprises (MSMEs) in the revised budget for the financial year 2021-22, presented on Friday.With fo
Read more about Kerala Assembly passes resolution urging Centre for free vaccination on Business Standard. The Kerala Assembly onWednesday unanimously passed a resolution demanding that the Centre provide COVID-19 vaccines free of cost to all states.
Kerala Cabinet | CM Pinarayi Vijayan retains Home, Veena gets Health
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K.N. Balagopal gets Finance and Industries and Law goes to P. Rajeeve
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Kerala Chief Minister Pinarayi Vijayan holds the first Cabinet meeting after the swearing-in ceremony, in Thiruvananthapuram on May 20, 2021.
| Photo Credit:
PTI
K.N. Balagopal gets Finance and Industries and Law goes to P. Rajeeve Chief Minister, Pinarayi Vijayan has retained the Home and Vigilance and IT portfolios held by him in previous LDF Ministry and has entrusted the crucial portfolios of Finance to K. N. Balagopal, Industries and Law to P. Rajeeve and Health, Family Welfare and Women and Child Welfare to Veena George.
Kerala Financial Corporation ends fiscal on a high note
By IANS |
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Kerala Financial Corporation ends fiscal on a high note.(Photo:KFC/IANS). Image Source: IANS News
Thiruvananthapuram, April 7 : Kerala Financial Corporation (KFC), the state s own financial institution, recorded an all-time high portfolio of Rs 4,700 crore for the financial year ended March 31, 2021 (FY 21).
The provisional figures that have come out show that its business grew by Rs 1,349 crore as compared to FY 20. Likewise, its loan approvals and repayments also increased significantly during the same period.
In FY 21, loan approvals amounting to Rs 4,139 crore were issued, up by 244 per cent over the previous financial year. Similarly, loan disbursements also increased from Rs 1,447 crore to Rs 3,729 crore in the same period.