India Sept outstanding NRI deposits $161.62 bln, up $18.55 bln on year
This story was originally published at 21:00 IST on 20 November 2024
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--RBI: Outstanding NRI deposits at $161.62 bln Sept vs $158.95 bln Aug
--RBI: Outstanding FCNR(B) deposits $31.08 bln Sept vs $29.20 bln Aug
--RBI: Outstanding NRE deposits $100.92 bln Sept vs $100.54 bln Aug
NEW DELHI – Outstanding deposits by non-resident Indians rose to $161.62 billion at the end of September, up by $18.55 billion from a year ago, according to provisional data released by the Reserve Bank of India on Wednesday. The total outstanding NRI deposits at the end of August were $158.95 billion.
Deposits under the Non-Resident (External) Rupee Account at the end of September were $100.92 billion, up from $100.54 billion a month ago. Outstanding deposits under the Foreign Currency Non-Resident (B) rose to $31.08 billion at the end of September from $29.20 billion a month ago. End
US$1 = INR 84.42
Reported by Aaryan Khanna
Edited by Avishek Dutta
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