This page uses content from Wikipedia and is licensed under CC BY-SA.
|Founder||Government of Kerala|
|Headquarters||Thrissur city, Kerala, India|
Number of locations
|Adv. PEELIPOSE THOMAS (Chairman)|
A. PURUSHOTHAMAN (Managing Director)
|Products||Chitty, Loans, Savings, investment vehicles, etc.|
|Revenue||Rs 105 crore|
|Rs 16,451 crore|
|Total equity||Rs 20 crore|
|Owner||Government of Kerala|
Number of employees
It started functioning on 6 November 1969, with Thrissur city as its headquarters. It started with a capital of Rs 2,00,000, 45 employees and 10 branches. It has now 568 branches and eleven Regional Offices at Thiruvananthapuram, Kollam, Kottayam, Ernakulam, Thrissur, Kozhikode, Kannur, Attingal, Alappuzha, Kattappana and Malappuram. KSFE is a Miscellaneous Non-Banking Financial Company (MNBFC) and is fully owned by the Government of Kerala. KSFE is the only chitty Company owned by the Government in the whole of India. It's explicit purpose at founding was to provide an alternative to unscrupulous private-sector chit fund organizers. 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.