Rahul was relocating to London for work and wanted to organise his finances before he left. He was looking for a suitable NRI account in India which would help him transact in his home country while ...
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NRI banking explained: How NRE and NRO accounts differ; and which one works better for you
Managing money across borders can be tricky for non-resident Indians (NRIs), especially since they are not allowed to open regular savings accounts in India. To meet their unique needs, banks offer ...
NRIs can also maintain an NRI trading account to trade securities in the Indian stock exchanges.(Photo by Tezos on Unsplash ) By way of the stock exchange, NRIs can purchase stocks and convertible ...
Non-resident Indians (NRIs) are increasingly investing in Indian mutual funds, but the choice between using an NRE (Non-Resident External) or NRO (Non-Resident Ordinary) account continues to be a ...
The Reserve Bank of India has stated that the interest rate ceiling on Foreign Currency Non-Resident Account FCNR(B) deposits has been raised to overnight Alternative Reference Rate (ARR) plus 400 ...
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