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Lien
  Lien is right of retain, in a condition, where, a creditor in possession of goods and securities belonging to his debtor can, in the absence of a contract to the contrary, continue to retain them till his dues are paid.    Read
  By: 21 Jun 2010Bankers Study Material::View 1529
 
Direct Tax Code: Effect on housing, insurance and equities investors
  At first sight the revised proposals under DTC give an impression that exemptions are back where they were. But a closer look at the details reveals that there is a twist in the tale.    Read
  By: Source: Web19 Jun 2010Indian Banking::View 860
 
Types of NRI Accounts Offered by different Indian Banks
  Banks offer two types of accounts to NRIs, based on their repatriablity. Repatriable Accounts Funds that can be transferred or repatriated abroad are maintained    Read
  By: Source: Webs11 Jun 2010International Banking::View 1271
 
Opening of Non Resident Indian NRI account
  Non resident Indians have been extended the facility to open an NRE/FCNR account from overseas, by downloading the form from the website of the bank of their choice.   Read
  By: Source: Webs11 Jun 2010International Banking::View 1061
 
Person of Indian Origin (PIO)
  A foreign citizen (other than a citizen of Pakistan or Bangladesh) is deemed to be of Indian origin if : • he at any time    Read
  By: Source: Webs11 Jun 2010International Banking::View 1030
 
An FCNR Account
  Non-Resident Indians can open accounts under this scheme. The account should be opened by the non-resident account holder himself    Read
  By: Source: Webs11 Jun 2010International Banking::View 935
 
Eligibility to Open and Maintain FCNR A/c
  With the exception of persons of Indian origin from Bangladesh and Pakistan, all NRIs and PIOs are eligible to maintain an FCNR account with an authorised bank in India   Read
  By: Source: Webs11 Jun 2010International Banking::View 988
 
Advantage of an FCNR account
  - Principal alongwith interest freely repatriable in the currency of your choice. - No Exchange Risk as the deposit is maintained in foreign    Read
  By: Source: Webs11 Jun 2010International Banking::View 1421
 
Different Home loans available for NRIs
  Documents required for Resident Indians as well as for NRIs for getting Home Loans are different in some respect. Home loans for NRIs are available for construction of new house / flats,    Read
  By: Source: Webs10 Jun 2010International Banking::View 907
 
NRI Housing Loan Finance in India
  Purchasing a house is no more a Herculean task for the NRIs as availability of NRI Housing Loan makes property investment a lot lot more convenient. Any individual staying abroad for employment or for carrying on business or vocation outside India or for any other purpose in circumstances indicating an indefinite period of stay abroad are eligible for NRI housing loan.    Read
  By: Source: Webs10 Jun 2010International Banking::View 861
 
Housing Loans for Non Resident Indians
  Purchasing a house is no more a Herculean task for the NRIs as availability of NRI Housing Loan makes property investment lot more convenient.   Read
  By: Source: Webs10 Jun 2010International Banking::View 820
 
Eligibility for NRI Housing Loans
  Broadly categorized, Non-Resident Indians qualifying for NRI housing loans are: •Indian citizens who stay abroad for employment or for carrying on business or vocation outside    Read
  By: Source: Webs10 Jun 2010International Banking::View 841
 
Who is an Non-Resident Indian : NRI ?
  The Non-Resident Indians (NRIs) are recognized under the Foreign Exchange Regulatory Act, 1973.    Read
  By: Source:Web10 Jun 2010International Banking::View 841
 
Documents required for availing NRI Housing Loans
  1. Employment/Residency related documents: •Employment contract •Latest salary slip.    Read
  By: Source:Web10 Jun 2010International Banking::View 795
 
What is NRE account ?
  The Non-Resident (External) Rupee Account NR(E)RA scheme, also known as the NRE scheme, was introduced in 1970. Any NRI can open an NRE account with funds remitted to India through a bank abroad.    Read
  By: Source: Webs09 Jun 2010International Banking::View 1191
 
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