NRI Deposit Party: Overseas Cash Hits $36.24B in FY27

Overseas Indians are on a cash-spending spree, splashing $36.24 billion into NRI deposits from April to July FY27—up a staggering 678% from last year! This money flood is thanks to a nifty RBI swap deal that got everyone excited about banking. Meanwhile, remittances for investments are also on the rise, making this financial fiesta even more thrilling.