Archive | NRI Corner RSS feed for this section

Ways to Experience a Financial-Stress Free Travel Abroad

February 1, 2012 0 Comments

BufferA stint abroad is everybody’s dream. For work, holidaying or even study, an exposure to the world outside India is a matter of pride and happiness for most of the households across India. However, for the first timers it is an anxious period. You make sure you do not forget anything; ticket, passport, your favorite [...]

Read more
NRI Corner

A Primer on NRI Bank Accounts

January 24, 2012 0 Comments

According to UNDP’s 2010 (United Nations Development Program) report India has a diaspora of 25 million of people living around the world. The second largest in the world! Their contribution to the development of India cannot be measured just by the amount of money they remit back home ($ 55 Billion, 2010). They are supporting [...]

Read more
Banking, NRI Corner

NRIs to Profit from RBI Deregulation of Interest Rates on Term Deposits

December 26, 2011 1 Comment

Why is that NRIs keep sending back home a part of their earnings without investing in the country where they work? Well, the possible reason is that the rates are higher here, and an NRI finds it profitable to deposit money in banks in India rather than putting in foreign banks. Besides, it also helps [...]

Read more
Banking, NRI Corner