THRISSUR: KSFE chairman P J Jose has said at a press conference here that KSFE doesn’t charge exorbitant interest rates for money taken as loan by its customers.
“Home Minister Ramesh Chennithala has not said that KSFE is also a part of ‘blade’ mafia. But it was media which had misquoted the minister’s statement,” he said.
Jose said the company had achieved a turn over that saw a rise by 82 percent. In chit schemes, KSFE could make record profits.
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