NRI deposit inflows dip to $4.7 billion in April–July, shows RBI data
Lower FCNR (B) deposits drag overall inflows despite growth in NRE accounts PRAVASISAMWAD.COM The flow of funds from overseas Indians
RBI cracks down on high-return Japanese Yen schemes as banks scale back aggressive offerings
PRAVASISAMWAD.COM A once-popular financial instrument targeting NRIs—special Japanese yen (JPY) deposits—has come under regulatory heat after issues surrounding IndusInd Bank.
NRI deposits double to $7.8 bn in April-August, says RBI
The trend is an expression of strong confidence in domestic economy This growing influx of diaspora-driven deposits reinforces the
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
AU Small Finance Bank introduces competitive FCNR (B) deposit rates, offering up to 6.30% for NRIs
AU Small Finance Bank’s FCNR (B) deposits offer a reliable solution for NRIs to grow their savings in India while