Browsing: nre deposits

My son was employed in the US before moving back to India in October. He had invested in bank NRE…

The Income Tax (I-T) Department has sent out advisories to non-resident Indians (NRIs), telling them to confirm their high value…

It’s not widely recognized that SFBs fall under the regulatory authority of the Reserve Bank of India (RBI). These banks…

I am a senior citizen living in the UK for some years now and earn interest income from NRO (non-resident…

Outward remittances under the Reserve Bank of India’s (RBI’s) liberalised remittance scheme (LRS) in February dipped 23 per cent over…

A further analysis indicated FCNR (B) deposits were $18.4 billion this February, marginally up from $18.2 billion in January The…

  The Reserve Bank of India (RBI) scaled down figures for non-resident Indians (NRIs)…

My son is a non-resident Indian (NRI) based in London for the past 12 years. He has income from NRE…

Breaking the streak of continuous fall in outstanding amounts, non-resident Indian (NRI) deposits rose…

For non-resident external (NRE) deposits below ₹2 crore, the private sector lender Yes Bank has modified its interest rates. According…