Tuesday, December 15, 2009

NRI MONEY IN HOME BANKS JUMPS OVER 100%

The Indian Diaspora has more than doubled the money parked with various Indian banks during April- September 2009. As per latest data released by RBI, Indian banks have mobilized $2.7 billion during April- September 2009 from non-resident Indians (NRIs) against inflows worth $1.1 billion in the year-ago period.

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