Overseas Indians

RBI to Lock Rs 7 Lakh Crore for 30 Days as Banking System Faces Record Cash Glut
Business

RBI to Lock Rs 7 Lakh Crore for 30 Days as Banking System Faces Record Cash Glut

The Reserve Bank of India (RBI) is stepping up efforts to absorb surplus liquidity from the banking system as excess…
RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows
Business

RBI FCNR-B Deposit Scheme Boosts NRI Deposits as Banks See Higher Overseas Fund Inflows

Banks have registered a gradual increase in the flow of overseas funds after the rollout of the RBI FCNR-B deposit…
Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April
Business

Overseas Indians’ faith grows in Indian economy with $1 billion deposits in April

Showing their confidence in the resilient Indian economy despite global macroeconomic conditions, non-resident Indians (NRIs) deposited around $1 billion in…
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