NRI Deposit Inflows Fall Nearly 30% in Early FY27 Despite RBI Support Measures
Lower inflows into FCNR(B) and NRE accounts weighed on overall deposits, even as the Reserve Bank introduced measures to attract fresh foreign currency PRAVASISAMWAD.COM Inflows into Non-Resident Indian (NRI) deposit schemes declined by 29.25 per cent during the first two months of the 2026-27 financial year, according to the latest data released by the Reserve Bank of India (RBI). The data showed that deposits from overseas Indians totalled $1.33 billion during April and May 2026, compared with $1.88 billion in the corresponding period of the previous financial year. The decline was mainly driven by weaker inflows into Foreign Currency Non-Resident






