The agency reached this milestone in document time, an announcement added.
To mark the historic achievement, Chief Minister Pinarayi Vijayan will inaugurate celebrations at Central Stadium right here on Wednesday.
The occasion, chaired by Finance Minister Ok N Balagopal, will function the launch of the “KSFE Onam Samriddhi Reward Card” by Meals and Civil Provides Minister G R Anil.
Award-winning actor and KSFE model ambassador Suraj Venjaramoodu would be the visitor of honour, the assertion mentioned.
Balagopal mentioned doubling the enterprise from Rs 50,000 crore to Rs 1 lakh crore in simply 4 years displays the general public’s rising belief and KSFE’s reputation.KSFE Chairman Ok Varadarajan highlighted the corporate’s key contributions, stating, “Up to now 4 years, we have now supplied Rs 504 crore in monetary help via curiosity waivers, contributed Rs 920 crore to the state authorities, and maintain mounted deposits value roughly Rs 8,925 crore within the state treasury.” Managing Director S Ok Sanil mentioned KSFE posted a revenue of Rs 512 crore within the 2024-25 fiscal yr, confirming its standing as a persistently worthwhile public sector enterprise.
Throughout the ceremony, Chief Minister Vijayan will even unveil the corporate’s new tagline: “KSFE: The Braveness of Kerala,” the assertion added.