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NEW OCI REGULATIONS
RBI eases investment rules for NRIs, OCIs; permits designated repatriable rupee accountsThe Reserve Bank of India has updated investment rules for Non-Resident Indians and Overseas Citizens of India. Individuals residing outsid...- 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...
- RBI policy press conference: Here's everything that came up for discussionThe Reserve Bank of India unveiled new measures to attract deposits and bolster the economy. Governor Sanjay Malhotra discussed strategies ...
- Strong backing, but light touch: What is the RBI's rupee playbook?The Reserve Bank of India will let the rupee's value be set by the market. It will only step in if trading becomes too unstable. Simultaneo...
- RBI courts overseas investors as oil prices and capital outflows weigh on rupeeThe Reserve Bank of India has introduced new measures to draw foreign investment. These steps aim to boost the country's finances and suppo...
- OCI rules 2026: List of key revised rules under Citizenship Amendment Rules, 2026
- Centre fixes OCI card application fee at USD 275, scraps six-month stay ruleThe Indian government has revised OCI card application fees, setting the new OCI card fee at USD 275. Several changes to the application pr...
- 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...
- India extends validity of PIO cards to up to December 31, 2024The Indian Immigration authorities have extended the validity of all Person of Indian Origin (PIO) cards, including handwritten ones, until...
- Sebi eyes boosting NRI, OCI investments via FPI route in Indian marketsUnder the current rule, an FPI applicant cannot be a Non-resident Indian (NRI) or OCI. However, NRIs or OCIs or Resident Indian individuals...
- Government to make it easier for NRIs adopting in India to take child back to country of residenceThe move follows much debate and consultations over bridging the gaps and address this critical concern as there is no mechanism for inter-...
- Expert Take: All your questions about the recent OCI changes, answered.An important modification introduced by the March 2021 circular changes the reporting obligations of OCI cardholders in India. They now hav...
- OCI card holders no longer required to carry old passports for India travel; diaspora welcomes moveThe Indian government has relaxed the second provisions since last year due to the coronavirus pandemic. The timeline has been extended mul...
- Number of OCI cards issued has doubled since last 5 yearsAs many as 3.2 lakh overseas citizens of India (OCI) cards were issued per annum between 2015 and 2021 as compared to an average 1.7 lakh c...
- Global private banks ask FPI managers not to sell NRI clients’ investmentsFPIs have to bring down the aggregate contribution of NRIs and OCIs (along with resident Indians) in a fund to below 50% by December 31, 20...
- COVID-19: OCI card holders vent frustration against travel restrictions imposed by Indian governmentThe OCI (Overseas Citizens of India) card is issued to the people of Indian-origin, allowing them a visa-free travel in most of the cases. ...
- Indian government should fix major loopholes in OCI card: Indian-American activistUnder the provisions of the OCI card, those below 20 years and above 50 years need to renew their OCI card every time they have their passp...
- Sebi comes out with revised KYC norms for FPIsThe norms have been finalised after taking into consideration suggestions from a panel.
- We're not NRIs, Sebi told by PIO fund managersUnlike NRIs who hold Indian passports, PIOs and individuals who have obtained the OCI.
- NRIs favoured sons in investmentOCIs may continue to be poor cousins when compared to NRIs as the FM is against giving rights akin to NRIs.
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