Indian banks are actively reducing costly bulk deposits after strong foreign currency inflows. This strategy helps optimize funding costs a...

Non-Resident Indians (NRIs) hold the right to inherit property in India; however, selling such assets involves navigating a complex set of ...

India's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...

Tyagi, however, remains cautious on pockets of the mid- and small-cap universe, where valuations are above long-term averages. He sees larg...

Non-resident Indian deposits saw a significant year-on-year decrease in the first quarter. However, overall outstanding NRI deposits experi...

Non-Resident Indians utilize NRE accounts to facilitate smooth transfer of their overseas income. For income earned within India, they comm...

The TDS rulesfor NRIs say that there isno thresholdlimit for TDS deduction, whereas resident Indians get a threshold limit of Rs 50 lakh be...

Raghvendra Nath, MD, Ladder Up Wealth Management, believes equities should form the core of an NRI’s India portfolio, while fixed income an...

R Sivakumar, CIO, Axis Mutual Fund, believes the starting point should be a diversified asset-allocation framework rather than market views...

India has mobilised about $73 billion in foreign currency in under 11 weeks, largely through FCNR(B) deposits, yet the rupee remains near ₹...

Axis Bank expects credit growth to exceed industry averages this fiscal year. Strong demand stems from corporate sectors and retail borrowe...

Private credit, REITs, InvITs and PMS are gaining interest for their potential to provide differentiated return streams, contractual cash f...

While a weaker rupee means more rupees for every dollar remitted, it can also erode the dollar value of INR-denominated investments over ti...

Citigroup and Axis Bank have tied up to finance non-resident Indians investing in foreign-currency deposits, leveraging RBI rules that allo...

Non-Resident Indians are allowed to set up joint FCNR (B) accounts with their resident family members. These accounts must function on a 'F...

In an interaction with Kshitij Anand of ETMarkets, Advani also discusses why NRIs remain under-allocated to Indian equities, how they shoul...

RBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...