KLM Axiva Finvest Limited

The company is non-deposit systemically important non-banking finance company (NBFC) primarily serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels. Being one of the oldest financial institutions with a fast paced growth calls for serious social responsibility steadily supporting the development of the Kerala's social and economic sector for the past 20 years. It's a years of the trust, the expertise to deal with the situations, an excellent service history, clubbed with experienced man power that make KLM the natural and obvious choice for the patron 20. The maximum security and best returns that KLM offers for their assets have increase the loyalty in their patrons manifold. As on May 31, 2021, company operate 266 branches across four states namely Kerala, Karnataka, Tamil Nadu and Telangana managed through their corporate office located at Kochi. The issue is rated 'CARE BB+/Stable by Care rating Limited. This rating indicates that instruments with this rating are considered to have a moderate degree of safety regarding timely servicing of financial obligations. Such instruments carry moderate credit risk. So we give NEUTRAL rating to this NCD offer.