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Kerala remittances hold steady as West Asia turmoil spares Indian money flows
India
Published on 7 May 2026
A weaker rupee is quietly boosting transfers
Foreign remittances to Kerala are staying resilient even as West Asia faces unrest. Bank deposits linked to non-resident Indians, including Federal Bank and South Indian Bank, are growing. Analysts point to a weaker rupee that increases rupee value of remittances. Inflows are expected to continue unless job losses hit the Middle East, though a prolonged conflict could become a long-term risk.
- Kerala remittance inflows remain strong despite West Asia crisis
- Banks such as Federal Bank and South Indian Bank report deposit growth
- Weaker rupee increases the rupee value of incoming transfers
- Long-term risk rises if Middle East jobs are lost
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times