Kerala Financial Corporation Explained

Kerala Financial Corporation
Type:	Public sector
Foundation:	1953
Location:	Vellayambalam, Thiruvananthapuram, Kerala, India
Industry:	NBFC
Homepage:	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. As an attempt to boost entrepreneurship in the state, It has offered loans to various SMEs like iTraveller and Veekesy Polymers Pvt Ltd.^[5]

References

1. Web site: Sathasivam. P.. 2011-03-14. Supreme Court of India - Kerala Financial Corporation vs Vincent Paul & Anr.
2. Web site: Loan Schemes, Kerala Financial Corporation (KFC), Thiruvananthapuram, Kerala, India. 2021-06-30. kfc.org.
3. Web site:

   FINANCE DEPARTMENT :: GOVERNMENT OF KERALA

   . 2021-06-30. www.finance.kerala.gov.in.
4. http://www.thehindubusinessline.com/industry-and-economy/banking/article2208049.ecethehindubusinessline.com
5. Web site: Kerala Financial Corporation . www.kfc.org . dead . https://web.archive.org/web/20081218123447/http://kfc.org/loan-schemes.php . 2008-12-18.