Saturday, July 24, 2010

KSFE to launch subsidiary in Gulf this year: Minister

KOCHI: Finance Minister T.M. Thomas Isaac has said that the Kerala State Financial Enterprises (KSFE) Ltd will launch its subsidiary in the Gulf this year.

In his address after inaugurating the fourth edition of the �Ponnonachittikal 2010 of KSFE here on Saturday, Mr. Isaac said that the authorities have submitted the application for approval before the Reserve Bank of India for starting the unit.

He said that discussions were on at various levels to start the Gulf subsidiary of KSFE.

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