Today's opinions examine RBI incentives for FCNR deposits, the economic legacy of Brexit, India's trade strategy, institution-building for growth and lessons from successful founders
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.