Govt Institutions

Government financial institutions in Kerala refer to institutions that are owned by the government of India and are involved in providing financial services to individuals and businesses in the state. Here's a brief history and summary of government financial institutions in Kerala:

History of Government Financial Institutions in Kerala:
The government of India established several financial institutions in the country, including in Kerala, to promote economic development and provide financial support to businesses and individuals. These institutions have played a significant role in the growth of the financial sector in Kerala.

Government Financial Institutions in Kerala:

State Bank of India (SBI): SBI is a government-owned bank and is the largest bank in India. The bank has a significant presence in Kerala, with several branches across the state.

Reserve Bank of India (RBI): RBI is the central bank of India and is responsible for regulating the country's monetary policy. The bank has a regional office in Thiruvananthapuram, Kerala.

National Bank for Agriculture and Rural Development (NABARD): NABARD is a government-owned development bank that provides financial and technical support to agriculture and rural development projects in India. The bank has a regional office in Thiruvananthapuram, Kerala.

Industrial Development Bank of India (IDBI): IDBI is a government-owned development bank that provides financial support to businesses in India. The bank has a branch in Kochi, Kerala.

Export-Import Bank of India (EXIM): EXIM is a government-owned bank that provides financial support to Indian exporters and importers. The bank has a regional office in Kochi, Kerala.

Summary:
Government financial institutions have played a crucial role in the growth of the financial sector in Kerala. The top government financial institutions in Kerala include SBI, RBI, NABARD, IDBI, and EXIM. These institutions offer a range of financial services, including banking, rural development, industrial development, and export and import finance.

Financial Institutions run by the Government. KFC(Kerala Financial Corporation), KSFE(Kerala State Financial Enterprises), KTDFC(Kerala Transport Development Finance Corporation) and RBI(Reserve Bank of India) are listed. A brief info about these institutions are also available with the websites.

• Kerala State Financial Enterprises (KSFE) : KSFE is the biggest Non-Banking Financial Company in Kerala.
• Kerala Venture Capital Fund Pvt. Ltd., Kochi : Kerala Venture Capital Fund (KVCF) is a Rs 20 crore, 10 year, close-ended venture capital fund.
• Kerala Transport Development Finance Corporation (KTDFC) : KTDFC offers vehicle loan packages to both individuals&transport operators ranging from two wheelers to heavy vehicles.
• Kerala Financial Corporation (KFC) : Kerala Financial Corporation (KFC)plays a major role in the development and industrialization of Kerala.
• Reserve Bank of India : Reserve Bank of India is India's Central Bank fully owned by the Government of India.
• Bombay Stock Exchange : Bombay Stock Exchange is the oldest stock exchange in Asia with a rich heritage, now spanning three centuries in its 133 years of existence.
• National Stock Exchange of India : The National Stock Exchange (NSE) was promoted by leading Financial Institutions at the behest of the Government of India.