forex Archives | Pravasi Samwad

UAE Emerges as Major Source of FCNR Deposits Despite Operational Hurdles

Bankers say regulatory and tax-related issues have slowed potential inflows, even as UAE-based NRIs contribute strongly to India’s foreign currency

RBI Swap Scheme Attracts $36.7 Billion in NRI Dollar Deposits in Less Than Two Months

Latest data shows strong overseas Indian response as total foreign currency inflows cross $40 billion The Reserve Bank of India’s

UAE’s First Abu Dhabi Bank unveils $1.5 billion financing programme for Indian expatriate forex deposits

Initiative aims to boost participation in RBI’s foreign currency deposit scheme and strengthen India’s forex reserves PRAVASISAMWAD.COM First Abu Dhabi

UAE’s Largest Bank Targets $1.5 Billion in NRI Deposits to Boost India Investments

Move follows RBI’s special FCNR(B) window as lenders step up efforts to attract overseas Indian savings PRAVASISAMWAD.COM Abu Dhabi’s First

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

US, Singapore-Based NRIs Seek Clarity Over Tax Impact on FCNR Deposit Scheme

Concerns over overseas withholding tax rules could influence participation in India’s foreign currency deposit mobilisation drive PRAVASISAMWAD.COM Non-Resident Indians (NRIs)

UAE Curbs on Indian Banks’ FCNR(B) Drive Trigger Regulatory Talks

RBI and Finance Ministry engage with UAE authorities after new rules disrupt efforts to attract NRI foreign-currency deposits PRAVASISAMWAD.COM Indian

RBI’s foreign currency deposit schemes attract strong NRI interest across key global markets

Banks report encouraging response from overseas Indians as government steps up efforts to boost foreign currency inflows and strengthen the

RBI’s Special FCNR(B) Scheme Spurs Fresh NRI Deposit Inflows into Indian Banks

Higher interest rates and a temporary forex swap facility encourage overseas Indians to place more foreign currency deposits in India

NRI Remittances to India Rise Sharply in 2026 as Digital Transfers and Investments Gain Momentum

Higher overseas earnings, favourable exchange rates and stronger investment interest drive record inflows PRAVASISAMWAD.COM India continues to strengthen its position