rbi Archives | Page 4 of 7

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

This relocation also presents potential savings on storage costs previously paid to the Bank of England Domestically, the gold is

Inflows into foreign currency non-resident (FCNR) accounts have seen a notable spike, reaching $4.15 billion during the April 2023 to

However, customers can withdraw or utilise without any restrictions balances by its customers from their accounts including savings bank accounts,

This landmark announcement, part of the RBI’s master direction, released on January 3, 2023. It brings clarity and guidelines for

The RBI circular designates all Sovereign Green Bonds issued in 2023-24 as ‘specified securities’ under the Fully Accessible Route (FAR)

Investors can conduct unlimited trades in secondary markets via the RBI retail direct account, without incurring any commission, brokerage, or

If you are an NRI or a PIO, you must know the consequences of a dormant NRI bank account and

Noopur Chaturvedi, Chief Executive Officer of NPCI Bharat BillPay Limited, announced this development during a press event in New Delhi

The RBI has the authority to grant higher remittance amounts in cases where the absence of fund transfer would result