Late Shri. K.T. Marattukalam, the founder of Maratt Group, foresaw huge potential in the banking domain and the need to provide quick and inexpensive finance to the middle and lower income groups in Kerala. In 1937, he converted this into reality The Catholic Bank It is said, that once while admiring the sheer beauty of the meandering waterways and backwaters of Kerala, he suddenly realized that he had the answer to the acute transportation problems facing the State. There, germinated the idea of a profitable, yet socially relevant venture in the early 1940s The Kerala Boat Service.