Banking

RBI Retail Direct Scheme – Complete Details

gilt account opening online, rbi rdg account opening online, RBI RDS, RBI retail direct bond scheme, rbi retail direct gilt account, rbi retail direct online portal login, RBI retail direct Scheme, RBI Retail Gilt Account, RDG Account, RDS, retail direct portal, retail direct website

Recently PM Modi in presence of Ms Nirmla Sitharaman (Minister of Finance GOI) & Sh Shaktikanta Das (Governor RBI), announced the way how retail investors can Buy or Sell in Government Securities through a new system called RBI Retail Direct Scheme or RBI RDS or simply RDS. Let’s know what is this system and howRead More

Pradhan Mantri Awas Yojana (PMAY)

by Madhupam Krishna

MAY Subsidy Calculator ICICI Home Finance Limited, PMAY, PMAY Calculator, PMAY India, PMAY Scheme Interest Rates, PMAY Scheme Interest Subsidy Rates, PMAY Scheme Loan Limits, PMAY Scheme Loan Tenure, PMAY Subsidy Calculator - PMAY Website, PMAY Subsidy Calculator HDFC, PMAY Subsidy Calculator IIFL, PMAY Subsidy Calculator LICFL, PMAY Subsidy Calculator PNBHFL, PMAY Subsidy Calculator SBI, PMAY Subsidy Calculators, Pradhan Mantri Awas Yojana, Pradhan Mantri Awas Yojana 2021, Pradhan Mantri Awas Yojana Eligibility, Pradhan Mantri Awas Yojana India

Pradhan Mantri Awas Yojana (PMAY Scheme), a flagship mission of the Government of India being implemented by the Ministry of Housing & Urban Affairs was launched on 25th June 2015. It was launched by Honourable Prime Minister Shri Narendra Modi with the dream of providing affordable housing to every urban citizen. He has the visionRead More

Why & How NRI Should Close Indian Bank Accounts?

by Madhupam Krishna

can i have both nre and savings account, can nri continue with resident savings account, can nri transfer money to savings account in india, How to close Resident Indian Bank Account, Non-Resident Ordinary Rupee Account, NRI Banking, nro account, NRO account for NRI, penalty for not converting to nro account, Should NRI close Savings Bank Account

It is a fact that many Indians still keep their Indian Bank accounts without converting those to Non-Resident Accounts. This is a huge blunder and against the law. When asked – NRI Should Close Indian Bank Accounts the response they give is – Don’t Know… How To Do It… When to do it? etc etc..Read More

Sovereign Gold Bonds (SGB)

by Madhupam Krishna

RBI Sovereign Gold Bond, SGB, SGB India, SGB issue, SGB price, Sovereign Gold Bonds, Sovereign Gold Bonds 2021

Indians have a fancy of buying gold. Not only for jewelry but the trend to invest in Gold also emerged due to financial volatility since Covid & other political instabilities across the globe. The government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds (SGB). These willRead More

Type of NRI Bank Accounts – FCNR Part 3

by Madhupam Krishna

FCNR account for NRI, FCNR B, FCNR-Term Deposit Account, FCNR-Term Deposit Accounts or scheme, FCNR-Term Deposit scheme, Foreign Currency Non-Resident Account, Non-Resident Foreign Currency Account

This is Part 3 of series of 4 updated articles to update you on the Types of NRI Bank Accounts. We will discuss here the FCNR Account for NRI. We are giving you complete details of NRI related bank accounts. These are: NRO Account (Click for Details) NRE Account (Click for Details) FCNR Account forRead More

Type of NRI Bank Accounts – RFC Part 4

by Madhupam Krishna

Benefits fo RFC Account, NRI RFC, Resident Foreign Currency Account, Resident Foreign Currency Account for NRIs, RFC, RFC Account features, RFC account for NRI, RFC account RBI

A resident or resident, not ordinary resident (RNOR) may require, y keep foreign currency accounts as they may have still business unfinished after their return to India. These can be done using RFC Account for NRI. Here are the details. This is Part 4 of series of 4 updated articles to update you on theRead More