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.In fact, the State’s banking sector has recorded growth in major indicators. Total deposits grew to ₹10.62 lakh crore, clocking a 12% growth.Total credit now stands at ₹7.74 lakh crore, recording a 13% growth. Priority sector lending also recorded significant growth in 2025-26. Agricultural loans are at their highest so far at ₹1.73 lakh crore (12% growth). MSME lending grew by 11%. The State’s credit-deposit ratio (CDR) is pegged at 72.88%, higher than the 60% stipulated by the Reserve Bank of India.The SLBC meeting discussed the Emergency Credit Line Guarantee Scheme 5.0 approved by the Union government for MSMEs and 90% for non-MSMEs as well as airline sector to tide over short-term liquidity mismatches triggered by the West Asia crisis. Published - June 01, 2026 07:55 pm IST