 "RBI, Reserve Bank of India")
Inflows into non-resident Indian (NRI) accounts in banks moderated to $1.9 billion in April–May 2025 from $2.8 billion in April–May 2024, according to Reserve Bank of India (RBI) data.
Total outstanding NRI deposits reached $166.7 billion at the end of May 2025, up from $154.8 billion a year ago. Sequentially, outstanding deposits rose from $165.4 billion in April 2025.
NRI deposit schemes include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits and non-resident ordinary (NRO) deposits.
As much as $441 million flowed into FCNR (B) accounts in April–May 2025, down from $1.1 billion in April–May 2024. The outstanding amount in FCNR (B) accounts stood at $33.2 billion at the end of May 2025.
Meanwhile, NRE deposits recorded an inflow of $1 billion in April–May 2025, compared to $1.2 billion in April–May 2024. Outstanding NRE deposits stood at $101.9 billion in May 2025.
NRO deposits saw inflows of $434 million in April–May 2025, lower than $490 million a year ago. The total outstanding amount in NRO deposits was $31.6 billion in May 2025.
 "RBI")
 "hiring slowdown, FY25, top banks, HDFC Bank, SBI, Axis Bank, attrition rates, recruitment, India banking sector, Talent Acquisition, staffing")
 "RBI, Reserve Bank of India")
 "banking, fintech, artificial intelligence")
 "Better protection for depositors and investors was one of the chief considerations in Union Finance Minister Nirmala Sitharaman introducing, on Friday, the Banking Laws (Amendment) Bill, 2024, in the Lok Sabha to amend four pieces of legislation.")
