Reserve Bank of India Cancels KTDFC License Due to Default and Mismanagement
RBI Revokes KTDFC License, Raising Concerns for Kerala Bank Kochi – The Governor of the Reserve Bank, through a special envoy, has recently announced the cancellation of the non-banking license held by the Kerala Transport Development Finance Corporation (KTDFC). This development has caused alarm as the repercussions of KTDFC’s default may extend to Kerala Bank, […]
Kerala Government to Borrow Additional Rs 1,000 Crore for Welfare Pension Distribution
Kerala Government Decides to Borrow Additional Rs 1,000 Crore to Support Welfare Pension Distribution Thiruvananthapuram: In a bid to ensure the smooth distribution of welfare pension in April, the Kerala government has made an extensive decision to borrow an additional Rs 1,000 crore. This decision was made as the state’s previous borrowing limit of Rs […]
