The banks are hopeful the momentum in growth will continue with revival of economic activity abroad, triggering the return of NRIs to work.
The Kerala government’s Subiksha Keralam project for growing crops in fallow land seems to have caught the fancy of many.
In 2020, nine out of the 12 NCD issues in the country are from Kerala. This is the highest percentage of Kerala NBFCs (75%) in India going for NCDs in a year.
Tentgram that specialises in adventure tourism, has been inviting film stars to their properties.
Cut in the home loan rates of banks should have spurred more transactions in the realty sector in the state but the expected rush for home loans has not happened.
The business of banks and the non-banking finance companies in the state soared, especially after the first phase of the lockdown.
Majority of those who have taken VRS still rely on fixed deposits given the uncertainty of other investment choices.
The merger has come at a time when the dependency on ready-to-cook and ready-to-eat food has increased with Coronavirus scare confining more people to their homes.
Kerala records the highest monthly per capita consumption of gold ornaments in the country, but the present impasse has erased around Rs 20,000 crore from its normal yearly earnings.