Overseas Indians withdrew nearly $2 billion from domestic bank accounts in March, reducing total NRI deposits to $165.65 billion, as per RBI data.
The withdrawals were largely due to the ongoing geopolitical conflicts in West Asia
May 23, 2026
04:02 pm
What's the storyThe Indian diaspora withdrew almost $2 billion from local banks in March, according to data from the Reserve Bank of India (RBI).
The withdrawals were largely due to the ongoing geopolitical conflicts in West Asia.
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The Iran war is affecting money flows from overseas Indians, with NRIs withdrawing nearly $2 billion more than they deposited in…
