rbi Archives | Page 5 of 8

RBI clarifies education loan eligibility for OCI cardholders residing in India

This clarification from the RBI ensures that OCI cardholders residing in India can pursue education abroad without unnecessary obstacles, fostering

Indian regulators halt Family Office Investment Funds amid tax evasion concerns

The latest regulatory action aims to close a loophole that could have allowed resident Indians to transfer more than the

Indian universities face decline in enrollment of international students

Overall, despite the initiatives and efforts to boost international enrollment, Indian universities continue to face challenges in attracting and retaining

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)

rbi - Page 5