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RBI holds key rate ‘to bring down inflation in the interest of growth’

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(adsbygoogle = window.adsbygoogle || ).push({}); The six-member monetary policy committee (MPC) on Friday stood its ground, maintaining the status quo...
Money

No rate cut as MPC strives to restore balance between inflation and growth

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(adsbygoogle = window.adsbygoogle || ).push({}); The six-member monetary policy committee (MPC) on Friday stood its ground, maintaining the status quo...
Money

RBI raises interest rate ceiling on FCNR(B) deposits to attract capital flows

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(adsbygoogle = window.adsbygoogle || ).push({}); In order to attract more capital inflows, the RBI has decided to increase the interest...
Money

Can an NRI-turned-resident freely repatriate foreign currency non-resident account FD?

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(adsbygoogle = window.adsbygoogle || ).push({}); When an NRI becomes a resident, can the foreign currency non-resident account FD be freely...
Business

AU Small Finance Bank offers up to 6.30% on FCNR (B) deposits for NRIs | Personal Finance

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2 min read Last Updated : Sep 25 2024 | 5:39 PM IST AU Small Finance Bank (AU SFB) has introduced new interest...
Money

Managing your child’s NRI finances: Why it is crucial to have a power of attorney

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Without a valid Power...
Money

FCNR vs RFC: Tax benefits; Remove spouse from NRE deposit to avoid reassessment

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I’m planning to return to India after working abroad for 35 years. I have some FCNR deposits. I have been advised to convert...

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