remittances Archives | Pravasi Samwad

Pravasi Trust urges Kerala to channel NRI savings into growth projects

Diaspora investment could help fund infrastructure, industries and employment-generating projects, says veteran expatriate PRAVASISAMWAD.COM A leading expatriate organisation has called

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

NRI’s Reddit post on family’s repeated financial demands sparks debate over boundaries

Overseas worker says years of supporting parents and funding brother’s wedding were followed by fresh requests to help buy a

Lighthouse Canton Launches ‘Global Indian’ Platform to Simplify Cross-Border Wealth Management for NRIs

New wealth management platform aims to integrate global assets, Indian investments and tax planning for overseas Indians through a single

UPI Expands Global Reach, Making Digital Payments Easier for Indian Travellers in More Countries

Growing international acceptance of India’s digital payment system simplifies spending for tourists, students and business travellers abroad India’s Unified Payments

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