Thiruvananthapuram: The Department of Financial Services, Ministry of Finance, Government of India, is conducting a nationwide Financial Inclusion Saturation Campaign from 21 October to 31 December 2026 to ensure all citizens can access essential banking services and social security schemes.
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Kerala Bank achieves major growth milestone in five years
Trivandrum: Kerala Bank, established by the state government to ensure better employment opportunities, financial security, and modern banking access for all, especially the rural population, has achieved significant growth that aligns with its founding vision, said Minister for Cooperation V N Vasavan.
Read MoreKerala Financial Corporation raises Rs 307 cr through NCD
Trivandrum: Kerala Financial Corporation, a Thiruvananthapuram-based Financial Institution, has successfully raised Rs 307 crores by issuing Non-Convertible Debentures (NCDs). The 10-year term bond was raised through the BSE Electronic Book Platform (EBP) on March 13, 2024, at a coupon rate of 8.89%.
Read MoreSouth Indian Bank net profits up
Trivandrum: The Thrissur-based private sector South Indian Bank has declared a net profit of Rs. 275 crores for the second quarter of this financial year (Q2 FY 2023-24) registering a growth of 23.2% as compared to Rs. 223 crores during the same period in the last fiscal.
Read MoreICICI Bank inaugurates 200th branch in Kerala
Kochi: ICICI Bank has opened up its 200th branch in Kerala. Based at Companypady, Aluva, the branch is equipped with an ATM-cum-Cash Recycler Machine (CRM) that offers cash deposit and withdrawal services to customers. Interestingly, ICICI Bank had set up its first branch in the state in Ernakulam.
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