banking Archives | Pravasi Samwad

Sitharaman Reaches Qatar for AIIB Annual Meeting, Bilateral Economic Talks

Finance Minister to represent India at the 11th AIIB meeting in Doha and hold talks with global and Qatari counterparts

Companies seek to lock in borrowing costs as markets weigh the possibility of an October interest-rate increase PRAVASISAMWAD.COM Indian companies

RBI rules allow eligible NRIs to move funds from NRO accounts to NRE accounts, subject to tax compliance and repatriation

HDFC Bank has secured favourable rulings in two legal proceedings in Bahrain involving investors who purchased Additional Tier 1 (AT-1)

The Ahmedabad Income Tax Appellate Tribunal has removed a ₹5.52 lakh addition and ordered a fresh review of nearly ₹2.50

Non-resident Indians can inherit proceeds from these savings schemes, but the money cannot automatically be transferred to a foreign bank

The Zurich-based private banker will oversee the bank’s Switzerland NRI team and support its global Indian client business PRAVASISAMWAD.COM Swiss

India’s latest foreign-currency deposit drive has raised $127.2 billion, more than twice the scale of the 2013 programme relative to

Fresh NRI deposits fell to $2.78 billion in the first quarter of FY27, while foreign-currency deposits more than doubled

Family transfers from NRIs are generally tax-exempt, but maintaining a clear record of the source and purpose of funds can