InterestRates Archives | Pravasi Samwad

Indian Banks Raise NRI Deposit Rates After RBI’s Hedging Cost Relief

Central bank measures aimed at boosting foreign currency inflows prompt lenders to sharply increase returns on FCNR(B) deposits PRAVASISAMWAD.COM India’s

NRI bank deposits surge by 42.8% to $13.33 billion

Sharp rise in inflows as Non-Resident Indians Park more funds in Indian banks PRAVASISAMWAD.COM Non-Resident Indian (NRI) bank accounts saw

Higher interest rates, weak rupee drive NRI deposits to 10-year high

NRI deposits in India reach $162.7 billion, marking a significant growth driven by higher interest rates and a weakening rupee