NRI
- The ultimate guide for NRIs and Indian residents for opening a joint account in India
Non-Resident Indians (NRIs) can now open joint bank accounts with Indian residents, thanks to regulatory changes made by the Reserve Bank of India in 2011. This allows NRIs to provide financial suppor...
- Higher TCS applies to overseas expenditure starting October 1: How will it affect your study abroad budget?
Parents sending money for other living expenses will face the 20% TCS unless they can prove it is for educational purposes. To mitigate the impact, parents can use international cards, maintain transa...
- SBI launches digital account opening for NRIs via YONO app
SBI has launched a digital platform that allows Non-Resident Indians (NRIs) to easily open NRE and NRO accounts through its mobile app, YONO. This service caters to new customers and fulfills a longst...
- How a forex card could save you more than a credit card during international trips
- Russia's VTB to launch cross-border money transfers to India
Russia's top lenders Sberbank and VTB have said they are improving their ability to convert rupees into roubles, helping exporters to get funds effectively trapped in India due to Western sanctions.
- Best NRI investment options in India
It is a common misconception that Non-resident Indians (NRIs)are not allowed to invest in India. The reality is that they can easily invest just by following guidelines set by the Reserve Bank of Indi...
- How India is luring back NRIs post retirement
Factors such as India's stable investment avenue, cost of living, cultural familiarity, family and social connections, healthcare facilities, and investment opportunities are influencing their decisio...
- Investing for NRIs: A comprehensive guide to opportunities and challenges