Thiruvananthapuram, May 20 (KNN) The Kerala Chief Minister Pinarayi Vijayan will inaugurate a business conclave to be organized by state-run industrial financing institution, Kerala Financial Corporation (KFC) on May 29 here.

The business conclave will feature a series of programs including felicitation of best branches and best entrepreneurs.

The best entrepreneur awards will focus on micro, small and medium enterprise (MSME) sector in different categories such as manufacturing, services, best women entrepreneur and best first line entrepreneur.

Distribution of gold cards, launch of new software for contractor loans, and declaration of annual financial are the highlights of the event.

Customers having a credit rating of above 70 per cent with three year's good repayment track record will be eligible for the gold card. They are eligible for low rates of interest and other facilities.

Over the period of time, KFC has undergone a complete transformation. Not only has the lending business tripled, the Corporation also became more client-focused and competitive with a focused business strategy and vigorous marketing efforts.