rbi Archives | Page 6 of 8

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

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

Government bonds, in particular, are a secure investment option issued by the government to raise funds for various projects and

At present, the rupee is not an international currency because it is not fully convertible on capital accounts, and unrestricted

For many decades, India’s trade with Bhutan and Nepal has been in Indian rupees. Recently, Sri Lanka included the Indian

NRIs’ share of domestic retail investments dropped during the Covid pandemic due to the forced repatriation of Indians along with

While Indians are feeling the pinch of RBI’s decision in a foreign country, money exchangers said that none of the

Bankers said inflows rose due to facilities like easing limits on interest rates. In July last year, the RBI took