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  • NRI deposit accounts, Ordinary Non-Resident, rbi frees rates on nri deposit schemes, Nri deposits

    RBI frees rates on NRI deposit schemes 20 December 2011

    The Reserve Bank freed interest rates on various non-resident deposit schemes, a move that will help attract more funds from NRIs and arrest the slide in rupee in the forex market. The decision to de-regulate interest rates on such deposits...

    Keywords: NRI deposit accounts, NRI deposit accounts, Ordinary Non-Resident, NRI deposit accounts

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    City Union Bank deregulation asset-liability committee, State Bank of India, indian banks hike rates to lure nri deposits, Nri deposits

    Indian Banks Hike Rates to Lure NRI Deposits 22 December 2011

    Interest rates paid by Indian banks on NRE savings, term deposits and ordinary non-resident (NRO) savings accounts were deregulated by RBI. As stated by Central Bank, rates on non-resident deposits cannot go higher than the rates paid on term deposits...

    Keywords: State Bank of India, non-resident deposit rates, Non-resident (External) Rupee, non-resident deposit rates

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    pranab mukherjee, last day as fm, will pranab give midas touch to ailing economy, Nri deposits

    Will Pranab give 'Midas touch' to ailing economy 25 June 2012

    As today's Finance Minister (FM) Pranab Mukherjee will be signing the register for the last time, as he resigns. After his formal resignation, he shall be contesting the polls for the highest post in Republic India. Will the FM give...

    Keywords: nri deposits, wasteful expenditure, ailing economy, wasteful expenditure

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