Tag: NRIs
Fresh NRI deposits double to $6 billion! Why NRIs are parking more forex in India this year
NRIs park more forex in India! Fund flows into FCNR (B) deposits, designed for non-resident Indians (NRIs), have more than doubled this year, indicati [...]
NRIs’ rupee, forex deposits bolstered reserves in FY23
The Reserve Bank of India's moves to attract funds at a time when foreign exchange reserves were sliding due to selling by overseas investors has turn [...]
Forex kitty back at $600bn, NRIs remit $107bn in FY23
MUMBAI: The country's foreign exchange reserves have again crossed the $600-billion mark with the exchange rate stabilising and record remittance flow [...]
Should India go for bond issue to tap NRIs, other overseas investors?
Recently, the new president of the Confe [...]
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