The Kerala Financial Corporation (KFC) has transferred a dividend of ₹36.01 crore to the State government for the 2024-25 financial year. Finance minister K N Balagopal received the cheque from chief secretary and KFC chairman A Jayathilak on July 31.
While handing over the dividend, the minister noted the steady growth of KFC in supporting micro, small, and medium enterprises with interest rates starting from 5%.
In what’s being called the best performance in its 72-year history, KFC posted a net profit of ₹98.16 crore for the fiscal ending March 31, 2025. That’s a 32.56% jump from the previous year. The institution’s loan book has now crossed the ₹8,000 crore mark for the first time, reaching ₹8,011.99 crore.
The numbers point to a growing demand for credit among small businesses, and KFC seems to be tapping into that space more effectively now. With loans starting at lower interest rates, it’s likely that the Corporation has been able to attract more MSME borrowers who usually struggle with access to affordable credit.