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Deposits by non-resident Indians (NRIs) in Kerala banks grew from Rs.29,889 crore in March 2008 to a record high of Rs.37,019 crore as on March 31, 2009, according to the State Level Bankers Committee (SLBC).
This was revealed at the 99th meeting of SLBC that took place here Thursday.
The total deposits in all banks in the state have gone up from Rs.105,488 crore in March 2008 to Rs.130,350 crore in March 2009 .
The State Bank group bagged the highest share - 42.62 percent - of the total NRI deposits with Rs.15,779 crore.
Private sector, which received Rs.10,316 crore, came second, while other nationalised banks accounted for 27.68 percent with Rs.10,249 crore.
The committee said the NRI deposits peaked earlier in March 2007 at Rs.33,330 crore, but fell in 2008 to Rs.29,889 crore.
There are more than two million Keralites settled outside the country of which close to 90 percent are in the Middle East.
Last updated on Jun 25th, 2009 at 16:15 pm IST--IANS
Railway Minister Mamata Banerjee Saturday night flagged off the Kolkata-Delhi luxury tourist train Maharajas' Express from here.
The central government will take a decision on hiking the cooking gas and kerosene prices on the lines recommended by Kirit Parikh committee, an official said Saturday.
Gandhinagar, March 20 IANS) The National Thermal Power Corporation Ltd (NTPC) will set up a 1,000 MW coal-based thermal power station at Khambat in Gujarat's Anand district at a cost of Rs.5,000 crore.
Delhi Chief Minister Sheila Dikshit Saturday ridiculed Shiv Sena supremo Bal Thackeray for attacking non-Marathis in Maharashtra and said that Delhi was truly cosmopolitan.
Singapore President S.R. Nathan Saturday agreed in principle to import fruits and vegetables from Andhra Pradesh, the chief minister's office said.
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