KSFE launches 'Pink Chitties' open only to women and transgender persons

Kerala Scheme Economy & Banking Polity & Governance

KSFE launches 'Pink Chitties' open only to women and transgender persons

15 October 2026

The Kerala State Financial Enterprises launched 'Pink Chitties', a chitty open only to women and transgender persons.
Chief Minister V.D. Satheesan announced the launch at a function in the Niyamasabha media room.
The scheme is presented as part of the government's women's empowerment policy and is meant to build a savings habit out of daily savings and to promote financial self-reliance through a secure investment.
At the same function, KSFE Managing Director P.N. Abhilash handed the Chief Minister the second instalment of the company's guarantee commission for 2025-26, of Rs 110.04 crore.
General Managers S. Sharath Chandran and P. Sreekumar and Company Secretary Emil Alex were present.

Guarantee commission instalment: Rs 110.04 crore Financial year: 2025-26 Eligible subscribers: Women and transgender persons only

Why it matters for exams: KSFE is a Kerala public sector undertaking that appears often in state exams, and a new scheme with an exact commission figure is easy to set a question on.

Kerala PSCBank

15 October 2026 Source: Information and Public Relations Department, Government of Kerala

In plain words

KSFE Kerala State Financial Enterprises — A state-owned company that runs chitties and gold loans in Kerala.

Guarantee commission Guarantee commission — A fee a public undertaking pays the government for the state's guarantee on its borrowings.