NRI Deposit Frenzy: $36.2 Billion Cash Splash Alert!

Alright, squad! Overseas Indians just unleashed a jaw-dropping $36.24 billion into NRI deposit schemes from April to July FY27—like, that’s a 678.2% explosion from last year! RBI dropped a swap facility bomb, and now cash is flowing like it’s a party! But hold up, remittances for travel are kinda ghosting us. Buckle up, it’s a wild ride!