IPO Investor Academy
February 20, 2025 at 03:03 PM
💰 NRI Deposit Flows Surge 43% to $13.33B in Apr-Dec 2024
📈 RBI data shows strong growth vs. $9.34B last year.
💵 FCNR(B) deposits up 87.3% to $6.47B.
💳 NRE(RA) deposits rise 22.5%, NRO deposits up 11%.
🏦 Higher interest rate ceiling on FCNR-B deposits boosts inflows!
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