https://indianpedia.org/index.php?action=history&feed=atom&title=Kerala_State_Financial_EnterprisesKerala State Financial Enterprises - Revision history2026-07-31T07:16:08ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Kerala_State_Financial_Enterprises&diff=223528&oldid=prev->MrOllie at 19:52, 3 June 20212021-06-03T19:52:56Z<p></p>
<p><b>New page</b></p><div>{{Use dmy dates|date=May 2018}}<br />
{{Use Indian English|date=May 2018}}<br />
{{Infobox company<br />
| name = The Kerala State Financial Enterprises Limited<br />
| logo = KSFE Logo.jpg<br />
| logo_size = 250px<br />
| type = [[Public sector]]<br />
| predecessor = <br />
| successor = <br />
| founder = [[Government of Kerala]]<br />
| location = [[Thrissur, Kerala]], India<br />
| area_served = Kerala<br />
| key_people = Peelipose Thomas (Chairman)<br/> Subramanian.V.P (Managing Director)<br />
| industry = {{ubl|[[Chit fund]]|[[Miscellaneous Non-banking financial institution|MNBFC]]}}<br />
| products = {{ubl|Chit funds|Deposits|Loans}}<br />
| revenue = {{profit}}{{INRConvert|210|c}}<br />
| net_income = {{INRConvert|40000|c}}<br />
| aum = <br />
| assets = <br />
| equity = {{INRConvert|100|c}}<br />
| owner = [[Government of Kerala]]<br />
| homepage = {{url|www.ksfe.com}}<br />
| foundation = {{start date and age|1969|11|06}}<br />
| num_locations = 600<br />
}}<br />
<br />
'''Kerala State Financial Enterprises''' '''Limited''' ('''KSFE''') is a [[Public sector undertakings in Kerala|public sector]] [[chit fund]] and loan company based in [[Thrissur]] city, [[Kerala]], [[India]].<br />
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==History==<br />
The company started functioning on 6 November 1969, with [[Thrissur]] city as its headquarters.<ref>{{Cite web|title=About KSFE – The Kerala State Financial Enterprises Ltd. – KSFE|url=https://ksfe.com/about/|access-date=2021-03-20|language=en-GB}}</ref> It started with a capital of Rs 2,00,000, and had 45 employees and 10 branches. It has now 600 branches and eleven regional offices at [[Thiruvananthapuram]], [[Kollam]], [[Kottayam]], [[Ernakulam]], [[Thrissur]], [[Kozhikode]], [[Kannur]], [[Attingal]], [[Alappuzha]], [[Kattappana]] and [[Malappuram]].<ref>{{Cite web|title=Frequently Asked Questions (FAQs) – The Kerala State Financial Enterprises Ltd. – KSFE|url=https://ksfe.com/frequently-asked-questions-faqs/|access-date=2021-03-20|language=en-GB}}</ref> KSFE is a Miscellaneous Non-Banking Financial Company (MNBFC) and is fully owned by the Government of [[Kerala]]. KSFE does not come under the regulation of [[Reserve Bank of India]] since it is not a Non-Banking Financial Company.<br />
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KSFE is one of the two chit fund companies owned by the [[government]] in the whole of [[India]].{{Citation needed|date=April 2019}} The other company is [[Mysore Sales International Limited]] (MSIL) owned by the government of [[Karnataka]]. KSFE's purpose at founding was to provide an alternative to unscrupulous private-sector chit fund organisers.<ref name=":2">{{Cite book|title=A STUDY OF CHIT FINANCE IN KERALA WITH SPECIAL EMPHASIS ON KERALA STATE FINANCIAL ENTERPRISES Ltd.|last=Job|first=Sallyamma|publisher=Department of Applied Economics, Cochin University of Science and Technology|year=2003|location=Cochin, Kerala}}</ref> In 2000, it had 77% of the capital volume of the chit fund business in Kerala, though just 37.5% of the number of chit funds.<ref name=":2" /><br />
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==References==<br />
{{reflist}}<br />
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==External links==<br />
* http://www.ksfe.com<br />
* https://www.facebook.com/KSFE.Ltd.Official/<br />
* https://twitter.com/KSFE_Ltd<br />
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{{coord|8|53|15|N|76|35|26|E|type:landmark|display=title}}<br />
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{{thrissur topics}}<br />
{{Public Sector Undertakings in Kerala}}<br />
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{{authority control}}<br />
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[[Category:State agencies of Kerala]]<br />
[[Category:Financial services companies in Thrissur]]<br />
[[Category:Government finances in Kerala]]<br />
[[Category:1969 establishments in Kerala]]<br />
[[Category:Government agencies established in 1969]]</div>->MrOllie