Legally Bharat

In a fix, HNIs await RBI directive on foreign FDs, Legal News, ET LegalWorld

Many wealthy Indians were rankled amid festivities by a regulatory communique which could ruffle their plans of parking money with overseas banks. The directive is linked to the issue of resident individuals (RIs) opening fixed deposits (FDs) with banks abroad-a subject that the Reserve Bank of India (RBI) has so far left ambiguous. On September […]