CL Jose
SIB’s 1:4 rights issue to be priced at Rs22
KOCHI/February 21, 2024: The South Indian Bank (SIB) board has today decided to price its forthcoming rights issue, opening on March 06, at Rs22...
KFC needs more capital infusion from Govt
KOCHI/February -19-2024: The decision to inject a fresh Rs100 crore into the capital of Kerala Financial Corporation (KFC) though will help soften its capital...
Kochi Metro still in the Red; FY22 loss at Rs340 cr
Gross revenue far less than interest expenses
By CL Jose
KOCHI/November 20-2022: Kochi Metro that commenced its commercial operations more than five years ago with much...
SBI-led consortium to finalise Rs2023 cr funding for Kitex’s Telangana project
By CL Jose
KOCHI/November 13-2022: Kitex group’s ‘newsmaker’ project in Telangana is all set for a large financing from a group of banks.
A consortium led...
Coop banking system accounts for 43 pc of state’s bad loans
Contribution to the loan market is just 11 pc
By CL Jose
THIRUVANANTHAPURAM/November 15-2022: The contribution of the famed cooperative banking system in Kerala to the...
Kalyan embarks on plan to settle most debts within 3 years
To sell its corporate aircraft; group in talks with 50 prospective franchisees
By CL Jose
KOCHI/November 11-2022: As part of the strategy to convert Kalyan Jewellers...
Kerala receives Rs2,246 cr as tax share from Centre
Share from Centre up to November adds up to Rs6,905.17 crore
By CL Jose
THIRUVANANTHAPURAM/November 11-2022: Kerala has received Rs2,246 crore against two instalments of Union...
Dhanlaxmi resolves most issues in one shot; reports Rs15.89 cr profit...
Appointment of 3 directors clears decks for Rs127 cr rights issue
By CL Jose
KOCHI/November 10-2022: The Thrissur-headquartered Dhanlaxmi Bank has reported a net profit of...
Lulu group firm to foray into gold loan business in Kerala
LFSPL to commence operations in H2, FY23
By CL Jose
KOCHI/November 07-2022: A non-banking financial company (NBFC) from the Lulu stable, Lulu Financial Services (India) Pvt...
ESAF IPO deferment could have more than meets eye?
Postponement of 21-22 financials, AGM raises doubts
By CL Jose
KOCHI/November 04-2022: The deferment of IPO by ESAF Small Finance Bank for the second time in...
