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Kotak Mahindra Bank has reduced savings account interest rates by 25 bps for balances between Rs 5 lakh and Rs 50 lakh, ...
Non-resident Indian (NRI) deposit inflows rose 23% to US$ 14.55 billion in FY25, reaching US$ 160.33 billion by February 2025.
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 ...
Why are NRIs investing in India? - For many NRIs, investing in India is a way to stay connected to their roots. The comfort of familiar markets, ...
Mutual Funds provide NRIs with a structured way to invest in India’s financial markets, enabling capital growth and ...
The State Bank of India (SBI) has the “SBI Green Rupee Term Deposit" (SGRTD) scheme. This deposit scheme is designed to ...
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 ...
The Maldives has banned the entry of Israelis from the luxury tourist archipelago in “resolute solidarity” with the ...
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