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CAN NRIS OPEN PPF ACCOUNT
5 small savings schemes offering up to 8.2% interest rate in 2026: SCSS, PPF, NSC and moreSmall savings schemes, popular for conservative investors, will retain their interest rates for the April-June 2026 quarter, offering retur...
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...
Bringing in US dollars: RBI flags off FCNR(B) chase, pushes banks to go all out for forex inflowsIn an ambitious bid to enhance India's foreign currency reserves, the Reserve Bank of India is urging banks to ramp up their efforts in att...
Saturday bank holiday: Are banks open or closed today on June 13, 2026?Bank holiday today: Banks across India are closed today, Saturday, June 13, 2026, as it marks the second Saturday of the month. While physi...
Banks seek RBI nod on Guarantee Rule to boost NRI deposit inflowsBanks are urging the RBI to clarify regulations for the new FCNR deposit scheme, aiming to attract diaspora funds. They seek a tweak in wor...
RBI pushes banks to bring more dollars homeThe push comes amid RBI measures to incentivise foreign currency inflows, including swap facilities and hedging cost support for FCNR(B) de...
Banks court wealthy Indian diaspora in $50 billion deposit driveIndian banks are launching a global campaign to attract over $50 billion in deposits from the diaspora. This initiative aims to strengthen ...
PPF, SCSS and NSC have outperformed equity in last 2 years, but should you write off equities?Small savings schemes vs Nifty indices: While equities have shown muted returns recently, small savings schemes have offered stable returns...
Revised FCNR interest rates up to 7.13%: PNB, ICICI Bank, Axis Bank and others revise ratesFCNR interest rates: Banks are increasing interest rates on Foreign Currency Non-Resident (FCNR-B) deposits for NRIs, OCIs, and POIs. This ...
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...
Latest FCNR interest rates: HDFC Bank, SBI, ICICI Bank, PNB, Central Bank of India, BoB and moreSeveral Indian banks have updated their Foreign Currency Non-Resident Bank FCNR(B) interest rates. This comes after the government announce...
FCNR deposit in demand: $1,277 extra interest on $10,000 investment by NRIs after RBI's latest move?FCNR interest rates: The Indian government will now cover hedging costs for fresh 3 to 5-year FCNR(B) deposits until September 30, 2026. Th...
Some lenders hike rates on FX deposits for non-resident IndiansIndian banks have significantly increased interest rates on foreign currency deposits for Non-Resident Indians, with some hikes reaching 35...
Deposits under RBI's latest foreign currency non-resident bank scheme will carry one-year lock-inThe Reserve Bank of India's new FCNR-B scheme offers a one-year lock-in for deposits and mandates non-cancellable swaps for banks. This ini...
Increase in limits for NRI and OCI investors to invest in stock market without SEBI registration, RBI GuvThe Reserve Bank of India has boosted investment limits for non-resident Indians, Overseas Citizens of India, and other individuals residin...
RBI raises investment limits for NRIs, OCIs; Extends equity route to overseas individualsThe Reserve Bank of India has increased investment limits for Non-Resident Indians and Overseas Citizens of India in stock market equity in...
Banks seek easing of guarantee curbs to draw more NRI fundsIndian banks are asking the Reserve Bank of India to remove a guarantee restriction. This move aims to attract money from the Indian diaspo...
Sukanya Samriddhi Yojana calculator: Can you build Rs 50 lakh corpus in SSY by investing Rs 50,000/year?Sukanya Samriddhi Yojana (SSY) offers a compelling investment avenue for girl children, currently providing an 8.2% annual interest rate. P...
Rs 1.54 crore retirement corpus from PPF investment: How starting PPF investment at 30 can help you build large fundInvesting Rs 1.5 lakh annually in a Public Provident Fund from age 30 can build a tax-free retirement corpus of Rs 1.54 crore by age 60. Th...