Kerala State Financial Enterprises Limited (KSFE) is a public sector

Public sector undertakings in Kerala

Public sector undertakings in Kerala are of two types, public sector units in which majority shares are owned by Union Government and public sector units in which majority shares are owned by State Government. Public sector undertakings in Kerala , i.e. enterprises in which majority shareholder is...

 non-banking financial company

Non-banking financial company

Non-bank financial companies are financial institutions that provide banking services without meeting the legal definition of a bank, i.e. one that does not hold a banking license. These institutions are not allowed to take deposits from the public. Nonetheless, all operations of these...

 based in Kerala

Kerala

or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

. It started functioning on November 6, 1969, with Thrissur

Thrissur

This article is about the city in India. For the district, see Thrissur district. For the urban agglomeration area of Thrissur see Thrissur Metropolitan Area...

 as its headquarters. It started with a capital of Rs 2,00,000, 45 employees and 10 branches. It has seven Regional Offices at Thiruvananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Kozhikode and Kannur. KSFE is a Miscellaneous Non-Banking Financial Company (MNBFC) and is fully owned by the Government of Kerala

Kerala

or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....

. KSFE is the only Chitty Company owned by the government in the whole of India. Current year turnover is INR 12000 Crores ($2.44 Billion).

External links

• http://www.ksfe.com
• http://ksferothrissur.wordpress.com/