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NRIS KYC PROCESS
NRI credit cards: Rewards and lounge access aren’t everything, what more NRIs should know before getting an Indian credit cardFor Non-Resident Indians (NRIs), an Indian credit card offers significant benefits beyond convenience, including building a crucial CIBIL s...
FCNR(B): Revisiting a proven crisis management toolFacing renewed external sector pressures, the RBI has revived a version of the FCNR(B) deposit framework to attract foreign currency inflow...
Sebi plans to ease KYC rules for FPIs, offer more clarity to global capitalIndia’s financial watchdog, Sebi, is gearing up to make the investment terrain more inviting for foreign investors by reforming the Know Yo...
GIFT City investment: Here’s how resident Indians can invest in global stocks, ETFs, and mutual fundsIndian investors can now access global stocks, mutual funds, and bonds through GIFT City, India's first smart city and International Financ...
₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do itPPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...
Nithin Kamath flags how painful it is for NRIs to invest in India; Ashish Kacholia, Shankar Sharma reactZerodha CEO Nithin Kamath highlighted the challenges NRIs face while investing in India, calling the process unnecessarily difficult despit...
Can NRIs use Indian mobile numbers abroad for banking? OTP delays, SIM deactivation and account access issues, know what to doNRIs managing finances abroad often face OTP issues with their Indian mobile numbers. While banks are increasingly supporting international...
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
GIFT City investment edge for NRIs: Tax benefits and global investment access with new insurance opportunityNRIs now have a new investment avenue through GIFT City. This international financial hub provides access to global markets and tax-efficie...
RBI overhauls prepaid cards & wallets rules: Rs 2 lakh monthly debit limit, usage, restrictions, new safeguard and moreThe RBI has revised Prepaid Payment Instrument (PPI) rules, introducing new monthly debit limits for full-KYC PPIs at Rs 2,00,000, with a R...
Trust at risk: Cyber crime is becoming a branding crisis for banksCybercrime is undermining the traditional trust associated with bank brands, forcing a reevaluation of communication strategies. Current an...
GIFT City’s IPO push faces teething issuesGIFT City's first IPO withdrawal, XED Executive Development's Rs 110 crore offering, highlights challenges for its stock listing ambitions....
Sebi relaxes re-KYC process for NRIs; removes physical presence clauseMarkets regulator Sebi on Wednesday eased the re-KYC process for Non-Resident Indians (NRIs) by removing the requirement for them to be phy...
NRI KYC for mutual funds: How NRIs can continue investing in mutual fund schemesNRI Mutual fund KYC rules: The new KYC rules from Sebi have come into effect from April 1, 2024. However, the new KYC rules made it difficu...
NRIs struggle with new mutual fund KYC rules: 3 reasons making MF investments difficult for them nowMutual fund KYC rules for NRI: The Securities and Exchange Board of India (Sebi) has implemented new Know-Your-Customer (KYC) rules from Ap...
From paperwork to e-KYC: How digital platforms are streamlining NRI mutual fund investmentsNRIs are increasingly drawn to India's mutual funds via digital platforms, driven by diverse options and high returns. The investment lands...
Mutual fund investors: Do you need to do KYC again? Check new rules hereMany investors are discovering that their existing KYC status has become invalid. The validity is determined by the identity or address pro...
A complete guide for NRIs to invest in government securities via RBIInvesting in government securities via RBI's retail direct platform benefits NRIs and OCIs, offering no fees and multiple investment option...
How can an NRI open a RBI retail direct account to invest in government bonds and T-bills?An non resident Indian (NRI) can open Reserve Bank of India's retail direct account in order to invest in government securities, state deve...
Zerodha's Nithin Kamath on how India can make investing easier for NRIsOne of the main reasons why Indian markets saw increased participation from retail participants is online onboarding and it is time to twea...