Ibpc Dubai

Finance & Capital Market

India seeks deeper UAE diaspora investment as FCNR deposits hit $33.7bn

Fri, 26 Jun 2026

India is looking to attract greater participation from overseas Indians in its growth story as Non-Resident Indian (NRI) deposits reach approximately $166 billion, including $33.7 billion in Foreign Currency Non-Resident (FCNR) deposits, industry leaders revealed.