Read this article in rediff... Not specifically for NRI still makes interesting reading. I had gone thru this a year back. The price you hear in the first meeting and what you end up paying is very different ... be prepared...
read the full article here
Monday, 29 June 2009
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Non-resident Indians will have to live with low returns on foreign currency deposits in the foreseeable future as major Indian banks are se...
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The RBI does have a number of instruments it can use to support the currency, including selling dollars in foreign-exchange markets and by...
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State Bank of India (SBI) opened a exclusive branch for Non-Resident Indians at Koramangala. The branch offers overseas Indians and persons...
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