Brokerages estimate leveraged FCNR(B) deposits could generate annual returns of up to 27 per cent for NRIs while helping banks attract $30-60 billion in fresh foreign currency inflows
NRI deposit inflows declined 25.86 per cent to $10.61 billion in April-January 2026, mainly due to a sharp fall in FCNR deposits, even as NRE and NRO inflows rose
Resident creditors can obtain guarantees, but where both the principal debtor and the surety are non-residents, the underlying transaction must comply with foreign exchange regulations
The founder of the UK-based Caparo Group of industries, Swraj Paul served as a member of the House of Lords and actively advocated for strengthening Indo-British relations
The platform is integrated into the IDFC FIRST Bank Mobile Banking App, allowing existing NRI customers to make transfers without additional registration.
A PolicyBazaar report shows a 150 per cent YoY spike in NRI health insurance adoption, with women and young NRIs under 35 driving growth. Tier-3 cities now account for nearly half of all NRI claims
A Delhi HC ruling protects an NRI from a huge tax demand, highlighting the importance of correct TDS filings in property sales and offering key lessons for NRIs.
Choosing the wrong visa for overseas travel can cost Indian entrepreneurs their NRI status and make their global income taxable, as seen in the Hot Breads founder's tax case