NRI money cools, FCNR flows roar back
Mumbai: Deposits by non-resident Indians (NRIs) declined over 23 per cent year-on-year to USD 2.775 billion during April-June 2026-27, according to the latest Reserve Bank of India (RBI) data.NRI deposits had recorded inflows of USD 3.614 billion in the April-June period of 2025-26.Also Read: Citigroup, Axis Bank team up to leverage NRI deposits as RBI dollar inflows surgeDespite the moderation in fresh inflows, outstanding NRI deposits rose to USD 168.506 billion at end-June 2026 from USD 168.…



