Recent inflows of NRI deposits into India at 8-year excessive

n a 12 months marked by geopolitical uncertainty, the Indian diaspora has moved a document quantity of funds again dwelling as they take advantage of the excessive rates of interest within the nation. Recent non-resident deposit flows into India have grown 48 per cent in the course of the 11 months of fiscal 12 months 2024, in comparison with all the FY 2023.