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
NRIs and PIOs Urge Reserve Bank of India to Facilitate Inheritance Transfers The RBI has the authority to grant higher remittance amounts in cases where the absence of fund transfer would result
INVEST SMART: 7 Indian Government Bonds NRIs Can Opt for Government bonds, in particular, are a secure investment option issued by the government to raise funds for various projects and
Reserve Bank of India wants Indian rupee to be a global currency At present, the rupee is not an international currency because it is not fully convertible on capital accounts, and unrestricted
NRIs in Gulf urged to open rupee accounts For many decades, India’s trade with Bhutan and Nepal has been in Indian rupees. Recently, Sri Lanka included the Indian
NRIs are increasing their wealth holdings in India NRIs’ share of domestic retail investments dropped during the Covid pandemic due to the forced repatriation of Indians along with