Current Affairs · Financial Landmarks
In August 2025, Kerala State Financial Enterprises (KSFE) became the first Miscellaneous NBFC in India to achieve a business turnover above ₹1 lakh crore. Consider the following statements: 1. KSFE doubled its business from ₹50,000 crore to ₹1,00,000 crore within a span of four years. 2. KSFE is categorized as a Miscellaneous Non-Banking Company (MNBC), whose primary commercial activity involves accepting public retail term deposits directly. 3. KSFE is headquartered in Kerala and is fully owned by the Government of Kerala. Which of the following statements is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 1 and 2
- 2Only 1
- 3Both 1 and 3✓
- 4Both 2 and 3
Correct answer
Both 1 and 3
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