NRI Deposits Blast Off to $36.2 Billion Like a Rocket

So, overseas Indians just cranked up the NRI deposit game to a jaw-dropping $36.24 billion from $4.66 billion in just a few months. That’s a 678.2% boost, all thanks to the RBI’s brilliant swap facility that’s basically a money magnet! Meanwhile, remittances are strutting their stuff, up 4.7% YoY, while NRI deposits are casually lounging at $200.89 billion. Not too shabby, huh?