Category Investments, NRI / OCI, Taxation, Wealth Management Leveraged FCNR Deposits – Why FCNR deposits suddenly became attractive for NRIs and What are the risks? October 8, 2013 Recent RBI steps in September to stop rupee depreciation have created a new buzz in... Tags Axis, Bank, Bank account, capital control, credit risk, DBS, Debt, Deposit, Deutsche, DTAA, FATCA, FBAR, FCNR, FD, FEMA, Financial Account, financial institution, Fixed Deposit, Foreign Currency, Foreign Currency Non Resident, foreign exchange, forex, HDFC, ICICI, Income Tax, India, IndusInd, INR, interest arbitrage, Investment, Kotak, Leverage FCNR, Leveraged FCNR, Leveraged FCNR Deposit, NRI, NRI Investment, RBI, Sovereign, swap, swap rate, Tax, USD INR swap, Yes Read More Category Investments, NRI / OCI, Wealth Management Should NRIs invest in FCNR deposits with Forward Cover? May 6, 2013 With FCNR rates regulated by RBI and volatile foreign currency market, a lot of banks... Tags Bank, Deposit, exempt income, FCNR, FCNR deposit with forward contract, FCNR interest, FD, Fixed Deposit, foreign exchange, forward contract, forward cover, Income Tax, India, Investment, NRE, NRE interest, NRI, NRI Investment, OCI, PIO, RBI, return, Tax Read More
