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Bank of Maharashtra s Comprehensive NRI Banking Solutions: Making Banking Easier for NRIs

The Bank offers a comprehensive suite of services designed to bridge geographical distances and empower NRIs with the tools they need for financial security - Newsx

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Bank of Maharashtra simplifies banking for NRIs: Bridging distances, managing finances

Bank of Maharashtra simplifies banking for NRIs: Bridging distances, managing finances
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Non resident indiansIndian originNon resident externalIndian rupeePresident ordinaryOverseas corporate bodiesForeign currency non residentResident foreign currency

Federal Bank hikes fixed deposit interest rates for both residents and non-residents; check latest rates here

Federal Bank has adjusted its deposit rates, raising rates for both resident and non-resident deposits.

Foreign currency non residentResident foreign currencyInterest ratesDeposit ratesFederal bankFixed depositsNon resident depositsFixed deposit interest ratesFd ratesPersonal financeNon withdrawable fixed deposits

Resident Foreign Currency or RFC account: Who can open, how does it work?

A Resident Foreign Currency account can be opened by individuals who come back to India after their stay abroad; by non-resident Indians (NRIs) and persons of Indian origin (PIOs/OCIs) seeking to maintain foreign currency holdings in India; and those eligible for foreign exchange remittances like pensions, salaries, or proceeds from overseas asset sales.

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How 20% TCS on foreign remittances under LRS can impact overseas spend of Indians

The new changes could impact high networth individuals making investments overseas and those making payments for the purchase of overseas tour packages.

Foreign exchange management current account transactionsLiberalised remittance schemeIncome tax actReserve bankForeign exchange managementCurrent account transactionsResident foreign currencyFinance ministryCredit cardOverseas tour package