NRI Deposits Surge in India
RBI data: NRI deposits surge by 70.35%, reaching $10.1B. FCNR accounts also rise. Overall positive trend in NRI deposits observed.
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NRI Deposits India
Handful Districts in Gujarat Dominate NRI Deposits
Handful Districts: Five Gujarat districts, including Ahmedabad and Vadodara, hold 70% of NRI deposits; slight dip in December 2023 attributed to routine transactions.
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