This is not the first time crashed in share markets in India. Definetely it will come up. I am worried about the banks because all the NRI investments and deposits in banks only. I knew lots of friend they did not invest in any property because lack of maintenance of the property.

So they keep in banks as deposits their 4 to 5 years earnings. Some of my friends are deposits in NRO accounts recently because they get good interest rates in NRO deposits.

If any body know about these deposits any other details please share.

Can I ask one question? If we deposit in NRO as NRI's we have to pay tax. Please write more details please (if any one knows about bank details)