NRE Archives | Page 2 of 3

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

Essential tips for NRIs to avoid financial pitfalls by mastering NRO and NRE accounts

By proactively managing NRO and NRE accounts, NRIs can safeguard their financial interests and avoid unnecessary complications Following these steps

NRI deposits surge to $7.82 billion between April and August 2024, says RBI

These latest figures underscore the continued appeal of India’s banking schemes to its global diaspora, particularly amidst fluctuating global markets

Fi Money revolutionizes NRI banking with paperless, 30-minute account setup

By offering a host of financial management tools, automated payments, and easy investment options, Fi Money’s NRI-focused solution could lead

ICICI Bank introduces UPI payment facility for NRIs via international mobile numbers

This move represents a significant stride in enhancing the ease of financial transactions for NRIs, promoting a smoother digital payment

Strong FCNR inflows fuel NRI deposits surge to $5.82 billion in April–July 2024

This surge in NRI deposits reflects the confidence of overseas Indians in India’s banking sector and offers a vital source

A guide for NRIs to transfer money from NRO accounts

NRIs should know that transferring funds from an NRO account demands adherence to specific document requirements, Reserve Bank of India

State Bank of India launches YONO app for NRIs

The demand of NRI customers to open and manage their accounts in India has been coming for a long time,

SBI makes banking easier for NRIs with new digital service

This transformation positions SBI as a convenient one-stop destination for fulfilling all the banking needs of NRIs, thus elevating their

NRI Bank Accounts: Enhancing Overseas Banking Experience

Here are the details of NRI Bank Accounts which are categorized as NRE (Non-Resident External) Savings Account; NRO (Non-Resident Ordinary)

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