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Fitch affirms Kerala Infrastructure Investment at BB with stable outlook

Hong Kong, Sep 16 (ANI): Fitch Ratings has affirmed Kerala Infrastructure Investment Fund Board's (KIIFB) long-term foreign- and local-currency issuer default ratings at BB. ....

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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 thundered in a Facebook post after the Enforcement Directorate (ED) announced a probe into the working of the key infrastructure funding arm of the State government. ....

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