KSFE announces concessional rate loan for COVID-19 patients, immediate relatives, after ‘The Hindu’ report on usury
The Hindu
Kerala State Financial Enterprises Chairman said the authorities had taken note of a report in The Hindu on how in some States an exorbitant rate of interest was being imposed on those desperately seeking money for COVID-19 treatment.
The Kerala State Financial Enterprises (KSFE), which has a gold loan business of around ₹3,000 crore a year, has announced gold loan at concessional rate and with minimum formalities for those infected by COVID-19 and their immediate family members. Chairman of the public sector finance company Peelipose Thomas told The Hindu on Sunday that the step was being taken to prevent the patients and their families from being driven to informal money lenders as had been happening in some of the States. He said that the KSFE authorities had taken note of a report in The Hindu on how in some States an exorbitant rate of interest was being imposed on those desperately seeking money for COVID-19 treatment.
Although students from Tamil Nadu remain the leading recipients of educational loans across India, there has been a significant decline in the number of active loans they hold. The number of active education loan accounts decreased from 27.4 lakh accounts to about 20.1 lakh in the period. The fall can be mostly attributed to the fall in Tamil Nadu’s numbers.
If you live along OMR, you might see 2025 as the year residents quietly set up the systems that are going to make 2026 and beyond very different on this side of the city.
Paris FC shocks PSG, eliminating the Cup holders with a historic win despite being heavily outplayed in the match.
Iranians are using Elon Musk's Starlink to bypass internet blackouts amid ongoing protests and government crackdowns.
The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on January 13, 2026
China’s EAST fusion reactor surpasses density limits, paving the way for advancements in sustainable fusion energy production.
Chennai Metrowater aims for continuous water supply in Adyar zone, boosting daily supply to 50 million litres in two years.
Karnataka's Bhoomi project offers lessons for other States rushing to digitise land records
The Manidhanaeyam Free IAS Academy in Chennai distributes The Hindu Yearbook 2026 and financial support to UPSC candidates.
London's homicide rate per capita reaches an all-time low, challenging perceptions of safety in the city.
Congress MP Manish Tewari emphasizes internal cohesion as vital for India's strategic autonomy amid global challenges in his new book.
Without strengthening the foundations laid in a child's earliest years of life, India’s development ambitions risk being on fragile ground
Selvaperunthagai claims CBI's actions against TVK leader Vijay aim to coerce him into a BJP alliance, asserting INDIA bloc's strength.