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NRI accounts clock 43% jump in funds to $13.33 billion in April-Dec

Summary by IBTimes India

The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to $13.33 billion between April and December 2024, compared to $9.33 billion during the same period in 2023, according to the latest figures compiled by the Reserve Bank of India (RBI).

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NRI Deposits Jump 43% Between April-December 2024!

The money inflow from Indians abroad into no-resident Indian bank accounts jumped by 42.8 percent between April and December 2024 compared to the same period the previous year. The amount in NRI deposit is $13.33 billion during the said period of 2024 which was $9.33 billion in the same period of 2023, according to RBI data. The total outstanding NRI deposits are at $161.8 billion by the end of December 2024, which is up from $146.9 billion in D…

2 days ago

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eastcoastdaily.in

NRI deposits touch $13.33 billion in April-December | DH Latest News, DH NEWS, Latest News, India, NEWS , Reserve Bank of India, Reserve Bank of India (RBI), The Reserve Bank of India, NRI deposits

Mumbai: The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has surged by 42.8 per cent to $13.33 billion between April and December 2024. It was at $9.33 billion during the same period in 2023. Data released by the Reserve Bank of India (RBI) showed this. The total outstanding NRI deposits at the end of December 2024 have gone up to $161.8 billion. It was at $146.9 billion in December 2023. NRI deposi…

2 days ago

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Flows in NRI deposits rises 43% in April-December 2024 to $13.33 billion, says RBI

Of the total between April and December 2024-25, FCNR(B) deposits have grown sharply by 87.3 percent to $6.47 billion, from $3.45 billion in a year …

3 days ago

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IBTimes India

NRI accounts clock 43% jump in funds to $13.33 billion in April-Dec

3 days ago·India

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bhaskarlive.in

NRI accounts clock 43 per cent jump in funds to $13.33 billion in April-Dec

Mumbai, Feb 20 (IANS) The flow of funds from Indians working overseas into non-resident Indian (NRI) bank accounts has shot up by 42.8 per cent to $13.33 billion between April and December 2024, compared to $9.33 billion during the same period in 2023, according to the latest figures compiled by the Reserve Bank of India […]

3 days ago

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