Tips for NRIs investing in Indian real estate
By keeping certain factors in mind, NRIs can make sound investment decisions and maximize the benefits of investing in Indian
NRI deposits surge to $3 billion in early FY25, reveals RBI data
FCNR deposits saw an inflow of over $1.10 billion, up from $524 million a year ago, bringing the total outstanding
RBI relocates 100 tonnes of gold from UK to India
This relocation also presents potential savings on storage costs previously paid to the Bank of England Domestically, the gold is
RBI Data Reveals a 70.35% Surge in NRI Deposits from April to January
Inflows into foreign currency non-resident (FCNR) accounts have seen a notable spike, reaching $4.15 billion during the April 2023 to
RBI bar on Paytm bank deposits after February 29
However, customers can withdraw or utilise without any restrictions balances by its customers from their accounts including savings bank accounts,
RBI issues directives on how NRIs should invest in NCDs
This landmark announcement, part of the RBI’s master direction, released on January 3, 2023. It brings clarity and guidelines for
Sovereign Green Bonds can be bought by NRIs
The RBI circular designates all Sovereign Green Bonds issued in 2023-24 as ‘specified securities’ under the Fully Accessible Route (FAR)
NRIs, OCIs can invest in government securities
Investors can conduct unlimited trades in secondary markets via the RBI retail direct account, without incurring any commission, brokerage, or
Reviving dormant NRI bank accounts
If you are an NRI or a PIO, you must know the consequences of a dormant NRI bank account and
NRIs in the UK Gain Access to Cross-Border Bill Payment Facility
Noopur Chaturvedi, Chief Executive Officer of NPCI Bharat BillPay Limited, announced this development during a press event in New Delhi