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Kerala's KIIFB on the boil as ED launches probe - The Hindu BusinessLine

Kerala’s KIIFB on the boil as ED launches probe March 03, 2021   Kerala Finance Minister Thomas Isaac has dared the Centre to do what it can with Kerala Infrastructure Investment Board (KIIFB), a body corporate financial institution set up by the cash-strapped State government to mobilise funds from outside sources for infrastructure development in the state. “If the idea is to continue to intimidate the State government in the matter, we would be ready to give it back in kind,” Isaac t...
Nirmala Sitharaman Thomas Isaac Axis Bank Union Government Foreign Exchange Management Act Kerala Infrastructure Investment Fund

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