Nri Deposits News

NRI deposits have boosted the Indian Rupee to a two-month high of ₹94.6 against the dollar, with market participants now focusing on upcoming U.S. employment in

The Indian rupee is predicted to strengthen due to substantial foreign currency deposits, which have boosted the central bank's ability to support the currency,

India's foreign exchange reserves reached a record high of $729.3 billion by August 21, driven by significant NRI deposits through a specialized swap window. Fo

NRI deposits declined by over 23% year-on-year to USD 2.775 billion in April-June 2026-27, according to RBI data, though outstanding deposits rose due to NRO an

Citigroup and Axis Bank are collaborating to attract NRI deposits and boost dollar inflows, with Axis Bank providing standby letters of credit to support Citigr

Small banks are attracting Non-Resident Indian (NRI) deposits by offering high interest rates.