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Kerala Financial Corp crosses ₹5,000-cr mark in loan assets - The Hindu BusinessLine


Kerala Financial Corp crosses ₹5,000-cr mark in loan assets
February 23, 2021
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Kerala Financial Corporation, a leading State Financial Corporation, has surpassed a historic milestone of ₹5,000 crore in loan assets with the December 31, 2020-number clocking in at ₹5,022 crore, a whopping 176 per cent increase over the previous year’s ₹2,838 crore.
“We have achieved the highest growth among all government-owned State Financial Corporations in the country,” said Tomin Thachankari, Chairman and Managing Director. This has surpassed expectations and has been facilitated by fresh loan sanctions of ₹3,385 crore so far in the current financial year.
Lending more despite pandemic
Total loan disbursals of ₹798 crore during the previous year have galloped to ₹2,935 crore during the period under reference. The performance is especially impressive since it was achieved at a time when banks and financial institutions have been reluctant to sanction ....

Tomin Thachankari , Kerala State Civil Supplies Corporation , Entrepreneurship Development Programme , Financial Corporation , Kerala Financial Corporation , State Financial Corporation , State Financial Corporations , South India , Kerala State Civil Supplies , Chief Minister , Entrepreneurship Development , Kerala Financial Corp , Loan Assets , கேரள நிலை சிவில் பொருட்கள் நிறுவனம் , தொழில் முனைவோர் வளர்ச்சி ப்ரோக்ராம் , நிதி நிறுவனம் , கேரள நிதி நிறுவனம் , நிலை நிதி நிறுவனம் , நிலை நிதி நிறுவனங்கள் , தெற்கு இந்தியா , கேரள நிலை சிவில் பொருட்கள் , தலைமை அமைச்சர் , தொழில் முனைவோர் வளர்ச்சி , கேரள நிதி கார்ப் , கடன் சொத்துக்கள் , வருங்கால மனைவி ,