NRO Archives | Pravasi Samwad

NRIs Urged to Update Banking Details and Avoid Common NRE, NRO Account Errors

Failure to update residency status and account information could lead to regulatory, tax and banking complications PRAVASISAMWAD.COM Non-Resident Indians (NRIs)

NRI deposit inflows slip 16% in FY26 as weaker Rupee impacts sentiment

In contrast, NRE deposits rose 41.7 per cent to $5.06 billion, while NRO deposits increased 24.3 per cent to

NRI bank deposits in India see sharp dip as foreign currency inflows fall

Despite the slowdown in fresh inflows, the overall picture remains stable By the end of November 2025, total NRI deposits

Bank of Baroda launches Global Account for NRI women

Bank of Baroda introduces a tailored savings account to cater to the financial needs of NRI women worldwide. PRAVASISAMWAD.COM Bank

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

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