Browsing: FCNR deposits

The Income Tax (I-T) Department has sent out advisories to non-resident Indians (NRIs), telling them to confirm their high value…

Breaking the streak of continuous fall in outstanding amounts, non-resident Indian (NRI) deposits rose…

The flow of money into non-resident Indian (NRI) deposits moderated to $1.43 billion in April-August 2022, from $2.44 billion…

The long term and persistent depreciation in Indian Rupees results in, foreign currency denominated investment products, generally giving higher returns…

Private sector lender YES Bank has raised the interest rate on non-resident external (NRE) fixed deposits by 50-75 basis…

I came back to India for good last week after staying in US for around 5 years. I have NRE…

Flow of money into non-resident Indian (NRI) deposits nosedived to a mere $349 million in Q1FY23 from $2.52 billion in…