NRI deposits in Kerala rise to $15 billion in 2013-14

12-Mar-2015 #Global Indians Source: Economic TImes

The Kerala NRI deposits witnessed a growth of 41.84 per cent to $15 billion in 2013-14, according to state government document. It is said that private sector banks mobilised major portion of the NRI deposits followed by State Bank of Travancore. However, the review said an analysis showed that primary sector showed a negative growth rate of minus 1.36 per cent during the year.

Read Full Article..