NRI Finance

RBI Targets: RBI plans to boost INR internationalisation by liberalising rules for non-resident accounts and promoting GIFT City's competitiveness.
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ICICI Bank allows NRIs to use international mobile numbers for UPI transactions, enhancing convenience for everyday payments in India.
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NRIs Concerned: Proposed UK tax changes worry NRIs, migrants. Experts strategize in London. Debate over impact on UK's attractiveness. Financial planning crucial.
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RBI: RBI introduces scheme for non-residents to invest in Sovereign Green Bonds in IFSC, empowers Small Finance Banks with derivatives.
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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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