Independent journalism for the 5 million Indians who call America home. Become a member →

The diaspora's morning briefing, free in your inbox

The journalism the diaspora deserves, followed from D.C., Edison, Fremont, Houston and beyond. The stories that matter, in your inbox. No spam, unsubscribe anytime.

Long read • News

RBI Boosts Bank Incentives for NRI Foreign Currency Deposits

RBI exempted rupee loans against fresh 3-to-5-year NRI foreign currency deposits from Priority Sector Lending calculations. This relief enables Indian banks to offer competitive rates, encouraging record dollar inflows to stabilize the rupee.

By News desk
NRI HeraldAug 8
Read story
Curated this week

Editor's picks

Story of the moment • Visa & Immigration
DHS Expands $4,000 H-1B and $4,500 L-1 Fees to Visa Extensions
Reported by NRI HeraldAug 10
Read the story
Explore

By section

Every desk covering the diaspora, with the freshest story in each, updated throughout the day.

By the numbers

The diaspora in figures, this quarter.

Sourced from Census ACS, USCIS, Pew Research and our own newsroom data team.

5.4M
Indian Americans nationwide
+12% since 2020
$144K
Median household income
Highest of any group
1.1M
Awaiting green cards
EB-2 / EB-3 backlog
16
Sitting in Congress & state-wide office
Up from 4 a decade ago