With security of money at a premium during the global financial meltdown, overseas Indians seem to have reposed faith in the country’s banking system. The inflow of non-resident Indian (NRI) deposits shot upto $3.99 billion at the end 2008-09 as against mere $179 million at the close of the previous year, according to Reserve Bank of India data.
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NRI deposit inflows touch $4 bn in 2008-09
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