NRO Demat Account: What NRIs Need to Know About Investing in India Account allows NRIs to hold Indian securities using locally earned income, subject to FEMA, RBI and SEBI rules Non-Resident Indians
NRI transfers: NRO to NRE account allowed within $1 million annual limit RBI rules allow eligible NRIs to move funds from NRO accounts to NRE accounts, subject to tax compliance and repatriation
NRI Nominees Can Claim PPF, NSC and SCSS Savings, but Overseas Transfers Face Rules Non-resident Indians can inherit proceeds from these savings schemes, but the money cannot automatically be transferred to a foreign bank
FCNR(B) 2026 Scheme Sets New Benchmark in NRI Dollar Mobilisation India’s latest foreign-currency deposit drive has raised $127.2 billion, more than twice the scale of the 2013 programme relative to
NRI Deposit Inflows Fall 23% as FCNR(B) Deposits Surge 124% Fresh NRI deposits fell to $2.78 billion in the first quarter of FY27, while foreign-currency deposits more than doubled
NRI Remittances to Parents in India: Missing Documentation Could Invite Tax Scrutiny Family transfers from NRIs are generally tax-exempt, but maintaining a clear record of the source and purpose of funds can
UAE Emerges as Key Source of FCNR Deposits as Indian Banks Tap Gulf NRIs Strong demand from UAE-based Indians drives foreign-currency deposits through GIFT City, while inflows from the US and UK remain subdued
RBI Eases Priority-Lending Rules to Encourage Fresh NRI Deposits Loans backed by eligible new FCNR(B) and NRE deposits will be excluded from banks’ priority-sector lending calculations The Reserve Bank
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