Private Institutions

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

History of Private Financial Institutions in Kerala:
Private financial institutions have emerged in India, including in Kerala, in response to the growing demand for financial services from individuals and businesses. These institutions have contributed to the growth of the financial sector in Kerala and have played a vital role in providing financial services to the underserved segments of the population.

Private Financial Institutions in Kerala:

HDFC Bank: HDFC Bank is a private sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and wealth management.

ICICI Bank: ICICI Bank is a private sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and investment banking.

Axis Bank: Axis Bank is a private sector bank that has a significant presence in Kerala. The bank offers a range of financial services, including personal banking, corporate banking, and wealth management.

Bajaj Finserv: Bajaj Finserv is a non-banking financial company (NBFC) that has a significant presence in Kerala. The company offers a range of financial services, including personal loans, business loans, and insurance.

Muthoot Finance: Muthoot Finance is an NBFC that has a significant presence in Kerala. The company offers a range of financial services, including gold loans, personal loans, and business loans.

Summary:
Private financial institutions have played a significant role in the growth of the financial sector in Kerala. The top private financial institutions in Kerala include HDFC Bank, ICICI Bank, Axis Bank, Bajaj Finserv, and Muthoot Finance. These institutions offer a range of financial services, including banking, investment banking, non-banking financial services, and insurance.

Financial Institutions owned by Private Parties. The institutions like HDFC and Muthoot Pappachan Group are listed here. These institutions are owned and managed by private people. These Financial Institutions also provide good financial services to common man. Brief Information regarding them and their websites are also listed.

• Muthoot Pappachan Group : Muthoot Fincorp (MF) was established to unify all group businesses pertaining to the Non-Banking Financial Sector.
• HDFC : HDFC(Housing Development Finance Corporation Limited) offer specialised financial services to their customers.
• AICL, Cochin : Alternative Investments and Credits Limited (AICL) based in Cochin is a finance company.
• Kosamattam Finance, Kottayam : Kosamattam Finance service includes gold loan, investments, air and rail tickets, forex, insurance, mediclaim, western union money transfer etc
• Karunya kuries & Loans Pvt. Ltd., Thrissur : Searching for financial security, find the noble way here from Karunya Kuries.
• Manappuram Finance : Manappuram Finance offers services like gold loan, money transfer, gold coin, business loan, insurance, security loan, foreign exchange etc.
• Mini Muthoottu Group, Kozhenchery : Mini Muthoottu Group is involved in finance, hospitality, IT infrastructure, entertainment business and lifeline retreat.
• Muthoot Finance : Muthoot Finance provides gold loans, gold coins, money transfer, foreign exchange, debentures, MPower card, travelsmart, insurance etc.
• Muthoot Group : Muthoot Group forayed into the corporate corridors of power way back in 1887, albeit a small beginning with Muthoot Bankers.
• Muthoot Fincorp Limited, Trivandrum : Muthoot Fincorp Limited is a finance company catering to the financial needs of retail and institutional customers.