My doctor niece Neeta, married to a US resident, wanted to invest some of her earnings in India, which she discussed with me on her recent trip to India. Though she has retained her Indian Passport for the purpose of foreign exchange, she is treated as NRI.
Partho Mukherjee, president-treasury & international banking, Axis Bank tells CNBC-TV18 that the Indian currency can recover to stronger levels than the Rs 52 per dollar, going ahead.