Nri Deposit

Inflows in NRI deposits almost doubled to $10.2 billion in H1FY25: RBI

NRO deposits also saw inflows worth $ 2.19 billion from April-September 2024, compared to $ 1.88 billion during the same period a year ago

NRI deposits witness $7.82 billion inflows in April-August 2024: RBI data

The total outstanding NRI deposits as of August 2024 stood at $158.94 billion

NRI deposits witness $5.82 billion inflows in April-July 24, shows RBI data

The NRI deposit schemes include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits, and non-resident ordinary (NRO) deposits

Choosing NRI deposit scheme: Consider income source, remittance needs

NRE accounts allow NRIs to manage foreign income with seamless transfers to India. The interest income is tax-exempt in India

NRI deposits see nearly $4 billion inflows in April-June FY25: RBI data

In June, inflows into the various NRI schemes stood at $1.23 billion compared to $1.7 billion in May

NRI deposits see $3 billion inflows in April-May FY25, shows RBI data

In May alone, inflows into the various NRI schemes stood at $1.7 billion compared to $1.07 billion in April

NRI deposit flows up 63.5% to $14.7 bn in FY24, the highest in 8 years

FCNR deposits were at $25.73 billion in March 2024, up from $24.90 billion in February 2024. This was higher than the $19.36 billion at the end of March 2023

Flows into NRI deposits up 70.35% in April-January, shows RBI data

Non-Resident Ordinary (NRO) deposits reached a level of $26.74 billion in January 2024, up from $26.40 billion in December 2023 and $23.12 billion a year ago

Flows into NRI deposits double Y-o-Y to $6.11 billion in April-October 23

Flows into Foreign Currency Non-Resident (FCNR) moved back to positive territory with $2.06 billion in April-October 2023 as against an outflow of $814 million in the same period of 2022

Flows into NRI deposits grow multi-fold to $2.14 billion in first quarter

Outstanding deposits rise in June 23 over Dec 22

Flows into NRIs deposits in India top $8-billion mark in 2022-23

However, the outstanding NRI deposits fell from $139.02 billion at the end of March 2022 to $137.88 in March 2023

Flows into NRI deposits jump 2.5x in April-February to $6.4 billion

Outstanding deposits decline in Feb 2023 over Jan 2023

Flows into NRI bank deposits in India top $6 bn mark in April 2022-Feb 2023

Outstanding deposits decline in Feb 2023 over Jan 2023

Inflows into NRI deposits more than double in April 2022-January 2023

Inflows into NRI deposits more than double in April 2022-January 2023

Flows into NRI deposits up 76% to $5.4 billion in April-December

Outstanding amounts stable in December compared to November

In a U-turn, outstanding NRI deposits rise in October, shows RBI data

In July, the RBI took steps to enhance fresh inflows into NRI deposit accounts

Flows into NRI deposits surge in April-Sept, but outstanding amount falling

NRE deposits were at $100.8 billion in March

Flows into NRIs deposits moderate to $1.43 billion in Apr-Aug period

Outstanding NRI deposits declined to $134.68 billion at the end of August 2022 from $141.52 billion a year ago

Flows into NRI deposits nosedive to mere $349 mn in June quarter

Outstanding deposits declined to $135.9 billion at the end of June 2022 from $141.5 billion a year ago.

CAD as percentage of GDP: Nowhere near 2012-13 level, yet worrisome

If up to $50 billion is withdrawn from forex reserves to finance CAD, the country would still be able to meet nine month's imports. Any withdrawal beyond this could pose a problem