Summary:
In FY25, NRI deposits increased by 9.9% to Rs. 1,38,911 crore (US$ 16.16 billion), up from Rs. 1,26,361 crore in FY24. By March 2025, outstanding deposits had reached Rs. 14,15,761 crore. FCNR (B) deposits recorded the highest inflows at Rs. 61,032 crore. These foreign-currency accounts provide protection against exchange rate fluctuations over a one- to five-year period.
In FY25, NRE deposits saw inflows of Rs. 40,401 crore (US$ 4.7 billion), up from Rs. 36,103 crore (US$ 4.2 billion) in FY24. Outstanding deposits stood at Rs. 8,65,617 crore (US$ 100.7 billion). Inflows into NRO deposits were Rs. 37,822 crore (US$ 4.4 billion), up from Rs. 36,103 crore the previous year. Outstanding deposits reached Rs. 2,67,336 crore (US$ 31.1 billion).
Source: IBEF
Disclaimer:The information on this website comes from the India Brand Equity Foundation (IBEF), a reliable source for thorough insights into numerous areas of the Indian economy. While we aim to offer accurate and up-to-date information, the views, opinions, and analyses stated herein are solely those of the authors and contributors and do not necessarily represent IBEF's official stance or position. Readers should check information from credible sources and use their own discretion when relying on content provided on this site. We assume no responsibility or liability for the supplied content, including its accuracy, completeness, and usefulness.