Mumbai,July 23 A big shift is needed in people's social and cultural attitudes towards gold to cut its demand, which in turn will help ease the current account situation, Reserve Bank Deputy Governor K C Chakrabarty has said. "Ninety per cent of the gold demand is jewellery or to offer to ...

The Ministry of Overseas Indian Affairs has set up an Overseas Indian Facilitation Centre (OIFC) as a not-for-profit-trust, in partnership with Confederation of Indian Industry (CII) to promote investment amongst the overseas Indians. The center is a ‘One Stop- Shop’ for serving the interests of the overseas Indian Community and ...

Individuals – All compliance formalities as per SEBI’s account opening for Individual plus RBI approval, which is taken through the Bank in which NRI is having their Bank A/c. OCBs – All compliance formalities, which are required as per SEBI’s list for Corporate account opening. Documents that are ...