NRI Banking

India-born Ajay Banga set to become World Bank chief unopposed

Ajay Banga, the US pick to head the World Bank, appears almost certain to become the anti-poverty lender's next president after nominations...

Pandemic restrictions led to idea of launching consolidated services provider for NRIs: Anup Bhasin

In an exclusive interview, Anup Bhasin told Connected to India about what led to the formation of Star NRI Services.

Emirates NBD mulls plans for expansion in India

One of the major banking groups in the Middle East North Africa and Turkey (Menat) region, Emirates NBD, has announced its plans for further...

Not mandatory for NRIs to link Aadhaar and PAN cards

NRI News: Indian diaspora in the UAE have been advised to ideally link their Aadhaar and Permanent Account Number (PAN) by the extended...

Indians moving to the UK will be able to open an ICICI account before arrival

In a first-of-its-kind service by an Indian bank in the United Kingdom (UK), ICICI Bank UK PLC will allow digital account opening through...

Indian government to form panel for merger of NRI, FPI routes

The Indian government is planning to form a high-level panel to look into the merger of NRI investment and Foreign Portfolio Investment...

SBI Singapore launches new heartland branch

State Bank of India (SBI) Singapore unveiled its new branch office at Jurong East heartlands on Monday with the High Commissioner of India...

State Bank of India offering home loans to NRIs

India’s largest bank, the State Bank of India (SBI), has announced the launch of a scheme providing home loans to Non-resident Indians...

Selecting the right bond funds in India for investment

The bond market in India continues to look attractive for Non-Resident Indians to invest, but caution is needed in choosing the right funds...

Bond-ing with India: Investing directly or through mutual funds

Indian stock market indices (NSE Nifty and BSE Sensex) are near all-time highs and economic growth has declined significantly, and thus...

Special Non-Resident Rupee accounts: No interest but repatriable

In our NRI personal finance series this time we look at the rules governing Special Non-Resident Rupee Account (SNRR).

Foreign Currency Non-Resident accounts: In nine currencies, no tax and repatriable

In our NRI personal finance series this time we look at the rules governing Foreign Currency Non-Resident (Banks) accounts.

More NRIs expected at PBD 2017 following RBI’s extended deadline for note exchange

The Indian government try to bring in more Pravasi (NRIs) to India. The Reserve Bank of India (RBI) has extended the deadline of exchanging...

Demonetisation: NRIs in the UK urge note exchange abroad

A large number of Indians in the United Kingdom have reportedly appealed to the Indian government to allow the exchange of denotified...