Rahul Jain, Author at Pravasi Samwad

RBL Bank Raises $150 Million Through FCNR Deposits to Boost NRI Funding and Growth Plans

Lender taps overseas Indian deposits following Emirates NBD investment, with focus on trade finance and cross-border banking PRAVASISAMWAD.COM RBL Bank

YES Germany Appoints Karuna Syal as CEO of Operations and Support

Subheading: Leadership reshuffle aims to strengthen operational excellence as demand for Germany-bound higher education continues to grow PRAVASISAMWAD.COM Overseas education

Union Bank posts 30% rise in quarterly profit, targets $2 billion through NRI deposit scheme

Strong earnings, higher fee income and lower provisions support growth as lender steps up overseas deposit mobilisation State-owned Union Bank

RBI’s foreign currency deposit schemes attract strong NRI interest across key global markets

Banks report encouraging response from overseas Indians as government steps up efforts to boost foreign currency inflows and strengthen the

NRIs Urged to Update Banking Details and Avoid Common NRE, NRO Account Errors

Failure to update residency status and account information could lead to regulatory, tax and banking complications PRAVASISAMWAD.COM Non-Resident Indians (NRIs)

Home-Based KYC Facility Planned to Simplify NRI, Foreign Investment in India

Proposed digital verification system aims to remove paperwork and encourage greater overseas participation in Indian markets PRAVASISAMWAD.COM Non-Resident Indians (NRIs)

Indian Stock Markets Slide as Middle East Tensions Trigger Global Sell-off

Rising crude oil prices and geopolitical uncertainty weigh heavily on investor sentiment across Dalal Street PRAVASISAMWAD.COM Indian equity markets suffered

RBI’s Special FCNR(B) Scheme Spurs Fresh NRI Deposit Inflows into Indian Banks

Higher interest rates and a temporary forex swap facility encourage overseas Indians to place more foreign currency deposits in India

NRI Remittances to India Rise Sharply in 2026 as Digital Transfers and Investments Gain Momentum

Higher overseas earnings, favourable exchange rates and stronger investment interest drive record inflows PRAVASISAMWAD.COM India continues to strengthen its position

₹11 Lakh Gift to Parents Triggers Six-Year Tax Dispute for US-Based NRI

Case highlights the importance of proper documentation for overseas Indians sending money to family in India PRAVASISAMWAD.COM A six-year income