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Home›Global Markets›Emerging Markets›India pulls in $73 billion in 11 weeks on non-resident…

India pulls in $73 billion in 11 weeks on non-resident deposits

The inflows have been driven mostly by foreign currency bank deposits made by non-resident Indians, according to CNBC.

Reported · Written up by our desk · Emerging Markets

India has attracted $73 billion in inflows over an 11-week period, a CNBC Markets update says.

The bulk of the money came through special foreign currency bank deposits tied to non-resident Indians, which boosted the overall inflow pace.

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Sources

CNBC MarketsNew Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians
CNBC WorldNew Delhi draws in $73 billion in 11 weeks, powered by special deposits for non-resident Indians

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