No. Each NRI has to select one branch for this purpose for investment on repatriation/ non-repatriation basis. Is it necessary to maintain a bank account with the designated branch through whom the application is made? It is advisable to maintain a bank account with the designated branch fo...
Zerodha offers two types of demat/trading accounts for NRIs - NRE PIS and NRO Non-PIS. NRIs can open either or both of these accounts simultaneously. For an NRO Non-PIS account, the NRI can link any NRO account with any bank. There is no restriction on opening the NRO account with t...
NRIs can use Sharekhan’s Demat and trading account services to invest in equities, bonds, Initial Public Offerings (IPO), mutual funds, exchange-traded funds (ETF), and trading in futures and options. However, Sharekhan does not offer key NRI bank services like Non-resident External (NRE) ...
on their way, they secured the blessings from Gownthiyadigal , situated close to Kaveripoompattinam, on the northern bank of the river Kaveri. It is said; Gownthiyadigal was a sort of JainNunnery. The Jain nuns, it appears, were variously called as...
In total, India received USD 11.3 billion in foreign exchange from the three schemes, which were launched in order to help the country over the balance of payment crisis in 1991, strengthen the country when it suffered from sanctions imposed by the U.S. and the World Bank in response to ...
a. SARAL Accounts: This is a simple savings account introduced by the bank to promote financial inclusion, where Rs.10/- is stipulated as the minimum balance. No add on facilities, viz. ATM card, Internet Banking, Mobile Banking etc. are offered in these accounts. However, cheque book is...
JIL has to construct the six-lane access controlled expressway on left bank of the Yamuna at its own cost. For this, TEA has to provide around 1,775 hectares of land, while in addition to this, TEA also has to provide 2,500 hectares of land for development along the expressway, which...
Prior to 25th October, 2011, except saving deposit account, non-resident Indian (NRI) deposits, small loans up to Rupee 0.2 million and export credit, all the interest rates were fully deregulated. Recently, RBI also deregulated the savings bank deposit interest rate. ...