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NRI Deposit Flow Skyrockets to $36.24 Billion, Fo' Shizzle

Finance

DoggfatherDoggfather

NRI Deposit Flow Skyrockets to $36.24 Billion, Fo' Shizzle

Yo, check it! Overseas homies dropped a cool $36.24 billion into NRI deposits from April to July, surgin' 678.2% from last year. Thanks to the RBI's slick moves, we saw a mad flow of cash, with FCNR(B) deposits rollin' in like a smooth ride. Remittances cruised up to $9.37 billion, keepin' the vibe alive with investments and travel, even when some things dipped.