Kannur: The Grand Kerala Shopping Festival opened here with a spectacular ceremony that gave a foretaste of the number of exciting, entertaining and fun-filled events that have been lined-up over the next 48 days of the festival’s sixth season. Six lamps signifying six years of GKSF were collectively lit by the dignitaries on stage to inaugurate the festival.
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Fitch confirms ratings of three Kerala based private banks
Kochi: Fitch Ratings has affirmed the National Long-Term ratings of three Kerala-Based private sector banks. Federal Bank Limited (FBL) has been affirmed at ‘Fitch AA-(ind)’, South Indian Bank (SIB) at ‘Fitch A+(ind)’, and Dhanlaxmi Bank (Dhanlaxmi) at ‘Fitch BBB-(ind)’. The Outlooks on the National Long-Term ratings of FBL and SIB are Stable. Dhanlaxmi’s ratings remain on Rating Watch Negative (RWN). Fitch Ratings is a global rating agency dedicated to providing value beyond the rating through objective and balanced credit opinions, research and data.
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