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The Hindu·2 min read·medium

Kerala’s banking sector records growth in 2025-26

Kerala’s banking sector records growth in 2025-26
AI Summary

Kerala's banking sector experienced significant growth in 2025-26, with non-resident deposits rising by 11% to ₹3.24 lakh crore. Total credit and priority sector lending also saw double-digit growth, with the state's credit-deposit ratio reaching 72.88%.

Why it matters

The data reflects strong regional economic health and highlights the state's ability to exceed national banking benchmarks for credit distribution.

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Banks in Kerala recorded an 11% growth in non-resident (NR) deposits in 2025-26. NR deposits now stand at ₹3.24 lakh crore, according to a State-level review meeting of the State Level Bankers’ Committee (SLBC) held in Thiruvananthapuram on Monday.

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Political Bias
Center
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Confidence: 90%

The article reports factual financial statistics from a government-led committee meeting without editorializing.

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