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UAE Curbs on Indian Banks’ FCNR(B) Drive Trigger Regulatory Talks

RBI and Finance Ministry engage with UAE authorities after new rules disrupt efforts to attract NRI foreign-currency deposits PRAVASISAMWAD.COM Indian

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

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

Five Arrested for Allegedly Cheating NRI of ₹27.45 Lakh in Cryptocurrency Deal

Tamil Nadu police investigate alleged crypto investment fraud after overseas Indian reports substantial financial loss An overseas Indian was allegedly

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

Government Explores Digital Notarisation to Simplify Financial Access for NRIs and Foreign Nationals

Move could streamline KYC processes and reduce paperwork for overseas Indians seeking financial services in India PRAVASISAMWAD.COM The Centre is

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)

Gujarat’s Madhapar Emerges as India’s Wealthiest Village, Powered by Global NRI Community

Over ₹8,000 crore in bank deposits and strong overseas links have transformed the Kutch village into a model of rural

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)

UK Tax Changes Reduce Appeal of FCNR Deposits for Wealthy NRIs

Revised UK tax rules may curb inflows into India’s foreign currency deposit schemes despite recent RBI incentives PRAVASISAMWAD.COM Recent changes

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