Sunday, May 20, 2012

Record NRI deposit in Indian Banks


Money that NRIs deposited to Indian banks tripled to a record $11 billion in 2011-12. The average NRI deposit in the previous five years was $2.9 billion. The record inflows came amid sharp depreciation of the rupee from 44.50 to a dollar to 51.10. 

No comments:

Post a Comment

Worth reading