Kotak Mahindra Bank is the latest bank to cut savings account interest rates by 25 basis points, effective from April 25, ...

NRI deposits in Indian banks surged by 23.3% to $14.55 billion between April 2024 and February 2025, according to RBI data.

The total outstanding NRI deposits at the end of February 2025 reached $160.33 billion. Sequentially, outstanding deposits ...

In acknowledgment of the significance of saves in achieving various financial goals, IndusInd Bank has modified the interest ...

The 2024 Annual Report conducted by The National Registry of Exoneration (NRE) provides a detailed overview of the ...

Mutual Funds provide NRIs with a structured way to invest in India’s financial markets, enabling capital growth and ...

Learn how NRIs can make Indian mutual fund investments, including rules under FEMA, KYC process, FATCA compliance, and ...

NRO accounts are less restrictive for Indian rupee transactions compared to other types of accounts available to NRIs in ...

NRIs face numerous challenges in managing banking and investments in India, including complex account setups, KYC compliance ...

HDFC Bank recently reduced its savings account interest rates by 25 basis points. The bank now offers 2.75 per cent per annum ...

Accessibility NRE/NRO accounts require NRIs to use internet banking or visit branches. These processes can be inconvenient due to time zone differences and limited branch access.

NRO savings account is a tool to manage income and expenses in India, and provides interest rates, periodic interest payouts, and digital tools for banking. As an NRI, you might need to access ...