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Indian diaspora withdraws $2 bn from banks amid West Asia turmoil - The Economic Times
Indian diaspora withdrew nearly two billion dollars from local banks in March. This withdrawal was driven by geopolitical conflicts in West Asia. NRI deposits saw an annual contraction in the fiscal year. Experts anticipate a more significant impact on NRI deposits if uncertainties persist. Outflows were noted in NRERA and NRO accounts, while FCNR(B) accounts remained stable.
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thehindu.com
Net foreign investments fell to -$11.7 billion in March 2026 as FPI outflows eclipsed FDI inflows
Net foreign investments in India fell to -$11.7 billion in March 2026 as FPI outflows surpassed positive FDI inflows.
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economictimes.indiatimes.com
Indian diaspora withdraws $2 bn from banks amid West Asia turmoil - The Economic Times
Indian diaspora withdrew nearly two billion dollars from local banks in March. This withdrawal was driven by geopolitical conflicts in West Asia. NRI deposits saw an annual…