NRI deposit schemes, which include foreign currency non-resident (FCNR) deposits, non-resident external (NRE) deposits, and non-resident ordinary (NRO) deposits, have always revealed money trends of overseas Indians.

The period between April and January 2026 showed a decline in the flow of money from overseas Indians into NRI deposit schemes when compared to the previous year. The noticeable fall from $14.31 billion last year to $10.61 billion this year was confirmed by the Reserve Bank of India (RBI) in a data released recently. Money inflow had dropped by 25.86%.

The total outstanding NRI deposits as of the end of January this year stood at $165.78 billion. The outstanding NRI deposits were $161.21 billion in the same period last year. In December 2025, it was $169.27 billion.

In the April–January 2026 period, FCNR (bank) or FCNR (B) deposit flows fell to $0.94 billion, as against $7.02 billion in 2025.

In January 2026, the outstanding amount in FCNR (B) accounts rose to $33.75 billion. The outstanding deposit amount was $32.75 billion in January 2025.

On the other hand, NRE deposits saw an inflow of $5.37 billion in 2026, compared to $3.71 billion in the same period in 2025. Outstanding NRE deposits stood at $98.93 billion in January 2026; it was $98.49 billion in January 2025.

NRO deposits also saw inflows worth $4.28 billion in April–January 2026, compared to $3.58 billion in the same period a year ago. The total outstanding amount in NRO deposits was $33.09 billion in January this year. In January 2025, the outstanding amount in NRO deposits was $29.96 billion. – editor@nrifocus.com