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NRERA ACCOUNTS
NRI deposits show a dent despite weakening rupeeThe Indian diaspora withdrew $1.5 billion more than it invested in local bank deposits between October 2024 and January 2025 despite the ru...
NRI deposits flows doubled to $7.8 bn in April-August: RBI BulletinThe Indian diaspora is showing strong confidence in the Indian economy, with NRI deposit inflows more than doubling to $7.8 billion from Ap...
Overseas Indians parked $1 billion in NRI deposits in AprilDuring the month a bigger chunk was garnered under the NRE (RA) with deposits worth $583 million, while $483 million flows were in FCNR(B) ...
Diaspora deposits down 29 per cent in FY20NRI deposits between April & August saw an inflow of $4 billion, compared with $5.7 billion in the same period last year. NRIs in the Gulf,...
NRI bank deposits surge $10 billion in first half; total NRI deposits in Indian banks reach $121.8 billionThese NRIs are looking to seize the advantage of a weak rupee and the interest rate differential between advanced economies and India.
Heyday for local banks: NRI deposits grow 55 per cent on weak rupeeIndian diaspora have raised their investment in local bank deposits as they looked to seize the advantage of a weak rupee as well as the in...
NRI deposits grow to $121.8 billion by 55% during April-September 2015: RBIOverseas Indians have raised their investment as they looked to seize the advantage of a weak rupee as well as interest rate differential b...
Spurred by the rupee's fall, NRI deposits jump 48%NRI deposits climbed to $6.97 billion in April-July from $4.71 billion a year earlier, according to the RBI Bulletin for September.
NRI deposits start to ebb, may hurt forex reservesIt's generally anticipated that when the Fed begins to raise rates, bank deposits in India become less attractive for overseas Indians.
NRI dollar inflows drying up as rupee gains in strengthA rising Indian currency to the US dollar due to a surge in foreign fund flows, and lowering of interest rates on NRI deposits have made it...
- NRIs keep faith in Indian markets
Net inflows from non-resident Indians witnessed a stupendous, over 20-fold rise, to $4 billion in FY09, as these constituents sharply incre...
- Indians abroad move to dollar deposits
NRIs are shunning rupee deposits like NRE(RA) and moving towards dollar deposits as the rupee weakens. Where Re comes and goes | Forex Conv...
- NRIs keep faith in India, pump $513 mn in September
Non-resident Indians (NRIs) are reposing their faith in Indian banks and betting on the rupee having bottomed out. Gainers, Losers | Only: ...
- NRI deposits fail to pick up despite rising rupee
A rising rupee appears to have failed to catch the attention of NRIs. A stronger rupee gives them exchange-rate benefit when they convert d...
- Rising Re fails to catch NRIs attention
Lower rate of interest on NRI deposits seems to have taken away the sheen thereby slowing down inflows.
- NRI is now biggest non-resident lender
Non-resident Indians have emerged as the largest overseas lender to India, surpassing traditional sources such as multilateral and bilatera...
- The ABC of Budget
Here's a glossary of all those Budget jargon you always wanted to know.