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The Economic Times

Economy / The Economic Times

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Bank deposits hit decade-high growth as NRI dollar inflows cross $37 billion

Bank deposits saw their fastest growth in nearly ten years by July. Overseas Indians deposited about $37 billion in foreign currency accounts. Bank credit growth also accelerated to its fastest pace since June 2024. This surge was driven by corporate demand and MSME lending programs. India garnered nearly $41 billion in total inflows by July 31.

12 Aug 2026 10:00 pm