Nri
Latest news, explainers and analysis on Nri. Tracking 2 stories on Arth Vani.
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Latest on Nri
Banks Brace for Higher Costs on FCNR(B) Deposits
Indian banks are likely to face an increase of 15-20 basis points in the cost of Foreign Currency Non-Resident (Bank) or FCNR(B) deposits. This rise is attributed to global interest rate trends and increased competition for foreign currency funds.
NRI Women's Global Investments Up 70%, Western Markets Favored Over Gulf
A new report reveals a significant surge in cross-border investing by NRI women, with participation rising nearly 70% in the past year. Their share among NRI investors climbed to 7.3%, indicating a growing financial independence. The study also highlights a strong preference for Western markets, where investment activity is nearly 1.7 times higher than in Gulf nations.
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