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
