Kerala Financial Corporation posts record profit

Trivandrum: Kerala Financial Corporation (KFC) has scaled new heights by registering the highest ever profit of Rs.45.65 crores for the financial year 2011-12. The Corporation also increased the size of its assets from Rs.1,124 crores to Rs.1,240 crores during this period. Buoyed by the all-time best performance, a dividend of 7.5% on paid up capital was declared by the Corporation in its Annual General Meeting held on July 11, 2012.

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KFC launches new schemes for entertainment sector

Trivandrum: Kerala Financial Corporation (KFC), the premier development financier in the State, has pioneered into the field of financing the entertainment industry and has brought out two schemes, which were launched by the Minister for Finance, Shri K M Mani at Thiruvanathapuram on July 06, 2012. Under the scheme, KFC will finance Rs.2 crores for movies and Rs.20 crores for building multiplexes.

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