Eligible debits include all local payments in rupees including payments for investments as specified by the Reserve Bank and remittance outside India of current income like rent, dividend, pension, interest, etc., net of applicable taxes, of the account holder.
Master Circular on Non-Resident Ordinary Rupee (NRO) Account
Master Circular of instructions relating to deposits held in FCNR (B) Accounts
Deregulation of Interest Rates on Non-Resident (External) Rupee (NRE) DepositsRead More
Fundamentals of managing money
Good habits of
Debit CardRead More
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He also writes weekly columns for about a dozen financial papers.
Mr. Shanbhag has set up software divisions of