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Why NRIs pulled out $2B from Indian banks in March

Overseas Indians withdrew nearly $2 billion from domestic bank accounts in March, reducing total NRI deposits to $165.65 billion, as per RBI data.

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thehindu.com

economictimes.indiatimes.com

timesofindia.indiatimes.com

newsbytesapp.com

thehindubusinessline.com

venerdì 22 maggio 2026·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.
venerdì 22 maggio 2026·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…

sabato 23 maggio 2026·

economictimes.indiatimes.com

LRS outflows up over 10% in March led by travel demand

Indians sent $2.59 billion abroad in March 2026 via the Liberalised Remittance Scheme. This marked a 10.9% increase from the previous month. Travel spending saw a seasonal dip.…

sabato 23 maggio 2026·

timesofindia.indiatimes.com

Iran war squeezes NRI deposits, overseas Indians pull out nearly $2 billion in March

The Iran war is affecting money flows from overseas Indians, with NRIs withdrawing nearly $2 billion more than they deposited in Indian bank accounts in March, according to…

sabato 23 maggio 2026·

newsbytesapp.com

Indians remitted $2.59B overseas in March, says RBI

Indians remitted $2.59 billion abroad in March 2026, marking a 10.9% monthly increase, driven by strong recovery in deposits and surging investments in equity and debt.

sabato 23 maggio 2026·

newsbytesapp.com