arrow_back Market Intelligence FCNR deposits are a 'no-brainer' for NRIs, so what may be holding them back? Zerodha's Nithin Kamath explains
results · Livemint · 01 Jul 2026

FCNR deposits are a 'no-brainer' for NRIs, so what may be holding them back? Zerodha's Nithin Kamath explains

Zerodha's Nithin Kamath highlights long account-opening processes as a barrier for NRIs to benefit from FCNR deposits. The RBI's favorable changes make it easier, but slow onboarding could diminish interest. 

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