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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

Indian Bond Yields Fall as Lower Oil Prices and Easing Middle East Tensions Boost Sentiment

Decline in crude prices lifts demand for government securities as investors monitor global developments and central bank signals Indian government

UAE’s First Abu Dhabi Bank unveils $1.5 billion financing programme for Indian expatriate forex deposits

Initiative aims to boost participation in RBI’s foreign currency deposit scheme and strengthen India’s forex reserves PRAVASISAMWAD.COM First Abu Dhabi

UAE’s Largest Bank Targets $1.5 Billion in NRI Deposits to Boost India Investments

Move follows RBI’s special FCNR(B) window as lenders step up efforts to attract overseas Indian savings PRAVASISAMWAD.COM Abu Dhabi’s First

NRI Deposit Inflows Fall Nearly 30% in Early FY27 Despite RBI Support Measures

Lower inflows into FCNR(B) and NRE accounts weighed on overall deposits, even as the Reserve Bank introduced measures to attract

US, Singapore-Based NRIs Seek Clarity Over Tax Impact on FCNR Deposit Scheme

Concerns over overseas withholding tax rules could influence participation in India’s foreign currency deposit mobilisation drive PRAVASISAMWAD.COM Non-Resident Indians (NRIs)

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