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Can NRIs invest in company fixed deposits in India?
Non Resident Indians (NRIs) can invest in company deposits under certain conditions according to Reserve Bank of India. NRIs must keep in mind that these deposits should be debited only from the Non Resident Ordinary (NRO) account of NRIs and not ...

Can NRIs invest in company deposits in India?
Non Banking Financial Companies (NBFCs) can accept deposits from Non Resident Indians (NRIs) under some conditions such as the deposits should be debited from the Non Resident Ordinary (NRO) account of the NRI. Deposit from NRIs are also accepted on the ...
What is a portfolio investment scheme for NRIs/PIOs?
A Non Resident Indian (NRI) and Persons of Indian Origin (PIO) can invest in shares and convertible debentures in India only through a Portfolio Investment Scheme (PIS). The NRI or the PIO has to approach a bank to open such ...
RFC account: For NRIs planning to return to India
Resident foreign currency or RFC accounts are bank accounts that enable resident Indians to maintain accounts in foreign currency. Such accounts are primarily advantageous for Non Resident Indians (NRIs) planning to come back to India as they would be able to ...
A few financial steps that NRI students must remember
Students take a lot of precaution when it comes to packing, arranging travel related documents etc., when planning for their studies abroad. But, did you know that you have to plan for your finances to save tax and also plan for ...
4 risk free investment options for NRIs
Non Resident Indians (NRIs) are not allowed to invest in every type of saving instruments available in India, which resident Indians can invest. In choosing an investment NRIs must remember two things: the first being the ability to repatriate should he ...
Can NRIs transfer money from NRO to NRE account?
In May last year, the Reserve Bank of India allowed, Non Resident Indians (NRIs) to transfer money from non resident ordinary (NRO) to non resident external (NRO) accounts. Prior to that the only mechanism to transfer money into NRE accounts was ...
Difference Between An NRE And NRO Account
If a person is a Non-Resident Indian (NRI), he/she can open two kinds of account in India: a Non-Resident External account (NRE), and Non-Resident Ordinary account (NRO). These accounts can be used to store the money that the individual makes abroad ...
NRIs can transfer fund from NRO to NRE account: RBI
The Reserve bank of India on Monday said that Non Resident Indian (NRI's) can be transfer funds from Non Resident Ordinary (NRO) to Non Resident External (NRE) accounts."On a review, it has been decided that henceforth NRIs shall be eligible to ...
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