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, Taxation, Wealth Management Are FCNR deposits with Forward Cover Completely Tax free for NRIs in India? August 26, 2013 Recently, due to volatile rupee and favorable currency exchange rates, Banks have been aggressively marketing... Tags Bank, Compliance, Conversion, Exchange Rates, FCNB Premium Account, FCNR, FD, FEMA, Financial Account, Foreign, foreign exchange, forex, Forward, forward contract, forward cover, HDFC, HDFC NRI, HDFC RupeeMax, ICICI, ICICI NRI, ICICI Rupee Plus, Income Tax, India, IndusInd, Investment, Kotak, NRE, NRI, NRI Investment, NRO, OCI, PIO, Premium Rupee Plan, RBI, Rupee Advantage Plan, Rupee Multiplier, Rupee Plus Plan, Ruppe Max, SBI, Tax, Yes Bank Read More