NRI Fixed Deposits: NRE vs NRO vs FCNR in a Falling Rate Environment

India's repo rate has been cut 125 basis points since February 2025 and now sits at 5.25%. NRE deposit rates are sliding. FCNR rates are shaped by global benchmark rates plus RBI-set ceilings. And NRO deposits are taxed at 30% TDS before you see a rupee. This article explains every rule, every tax implication, and every strategic consideration for NRIs deciding where to park their money in 2026.

Read MoreNRI Fixed Deposits: NRE vs NRO vs FCNR in a Falling Rate Environment