The following are the salient highlights of the maiden budget of the Modi government presented by the Union Finance Minister, Shri Arun Jaitley. The Finance Minister mentioned that slow decision making has effected growth and a beginning of a journey of 7-8% growth projected in the coming years. He also emphasised the growth in the manufacturing sector.
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Kerala Financial Corp registers 58% growth in loan disbursement
Trivandrum: Kerala Financial Corporation (KFC), the pioneer industrial financing institution undertaking under the Kerala Government, has registered record growth in critical operational areas like sanction, disbursement, recovery, interest income, etc for the financial year ending 2013-14.
Read MoreSEBI offers to create Investor Awareness Program with CII
Trivandrum: The Chairman of the Securities Exchange Board of India (SEBI), U K Sinha, has offered to create an Investor Awareness Program in partnership with CII. He said that he was ready to send his team to Kerala to update investors on the existing and new initiatives of SEBI which include independent platforms for SMEs and Foreign portfolio investors.
Read MoreState Forum of Bankers’ Clubs Kerala Awards 2013
Kochi: The State Forum of Bankers’ Clubs Kerala Awards for 2013 were distributed at the 5th Annual Award presentation night of the State Forum of Bankers’ Club, Kerala held in Kochi earlier this week. The awards are given to top performers in public, private and new generation banks, based on criteria like growth, profitability and performance.
Read MoreCanara Bank launches kiosk banking services through Akshaya
Trivandrum: As a part of its initiative to extend financial inclusion, Canara Bank has launched banking services through Akshaya centres in Kerala. The project that would enable the Bank to extend services to the rural areas was launched at a function held in Thiruvananthapuram.
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