Company type | Public sector |
---|---|
Industry | NBFC |
Founded | 1953 |
Headquarters | Vellayambalam, Thiruvananthapuram, Kerala, India |
Website | 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. [2] [3] As an attempt to boost entrepreneurship in the state, It has offered loans to various SMEs like iTraveller and Veekesy Polymers Pvt Ltd. [5]