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Business Standard

NRIs / Business Standard

NRI bank accounts: Who can use NRE, NRO and FCNR(B) options in India?

NRIs, PIOs and eligible OCIs can open NRO, NRE and FCNR(B) accounts, but each serves a different purpose and has distinct rules

27 Aug 2026 12:25 pm
Flash floods hit Nepal, 105 Indians, 37 NRIs among nearly 400 missing

A sudden, massive flood swept through two central Nepal districts bordering Tibet killing four people, causing extensive devastation at settlements along the river

26 Aug 2026 11:15 pm
Gulf turmoil sends NRI homebuyers back to India amid luxury housing demand

Amid Gulf turmoil, NRIs are showing renewed interest in India's premium housing market, with developers reporting stronger demand for luxury homes in key cities

25 Aug 2026 11:46 pm
NRI deposit inflows fall 23% to $2.78 bn in April-June of FY27: RBI data

Outstanding NRI deposits stood at $168.51 billion at the end of June, while FCNR(B) deposits recorded inflows of $1.73 billion during April-June FY27

25 Aug 2026 7:38 pm
SBI eyes $10 bn from NRIs, foreign investors as RBI swap window nears end

As RBI's concessional swap window draws to a close this month end, State Bank of India (SBI) Chairman C S Setty has expressed confidence that the bank would garner about USD 10 billion from non-resident Indians and foreign investors. In aggregate, we must be reaching the USD 10 billion mark, predominantly coming from the deposit side. But there is visibility of ECBs. ECB, of course, will have a longer period available to us, but by August 31, we should have mobilised around USD 9-10 billion on a

25 Aug 2026 2:42 pm
Mefron drives global standards home, partners with Hanrico for India's cable ecosystem

Ahmedabad (Gujarat) [India], August 21: Mefron Technologies has announced a strategic partnership with Hanrico, a leading original design manufacturer specialising in data cables and wire harnesses, to serve the Indian market. The agreement brings Hanrico's globally trusted expertise directly into India through Mefron's local manufacturing and supply chain capabilities.

21 Aug 2026 2:10 pm
Sebi mulls allowing digital KYC for NRIs, foreign nationals outside India

Regulator mulls safeguards to allow them to complete KYC without being present in India

14 Aug 2026 6:30 pm
Barcelona to PSG: How Luis Enrique has turned finals into his playground

The Paris Saint-Germain manager added another trophy to his collection on Wednesday, guiding the French champions to a 2-1 victory over Aston Villa in the UEFA Super Cup.

13 Aug 2026 4:47 pm
NPS for NRIs: Investment options, account rules and repatriation explained

They can build a retirement corpus through NPS Tier-I, with equity, debt and government securities offering investment choices based on risk and retirement goals

13 Aug 2026 3:18 pm
Julius Baer leases 74,037 sq ft office in Mumbai for India GCC operations

The Swiss private bank's India arm has taken the Andheri East property on a 60-month lease, with a total rental outgo of Rs 102.6 crore and annual escalation of 5 per cent.

12 Aug 2026 8:27 pm
Reliance Brands signs pact to launch Fabletics activewear brand in India

The global activewear label will debut online before opening stores in New Delhi and Mumbai, offering women's and men's ranges under its partnership with Reliance Brands.

12 Aug 2026 7:48 pm
Uber expands into 100 more Indian cities, deepens push beyond major metros

The bike-taxi-led rollout spans 18 states and one Union Territory, taking Uber to 225 cities as it challenges Rapido and Ola in India's fast-growing smaller markets.

12 Aug 2026 7:43 pm
Tata Steel under Chandrasekaran: Doubling down on India, fixing Europe

Tata Steel more than doubled its Indian capacity through acquisitions and expansion, strengthening cash generation as it pursued a costly restructuring of its European operations

12 Aug 2026 7:42 pm
FlexiLoans Crosses Rs 3,000 Crore AUM Milestone, 70,000+ MSMEs served Across 11,000+ Locations Across India

New Delhi [India], August 12: FlexiLoans.com - India's leading MSME-focused digital NBFC, today announced that it has crossed 3,000 crore in Assets Under Management (AUM), served more than 70,000+ msmes across 11,000+ pin codes and towns in India. Notably, 62% of these borrowers are based out of Tier 2, 3 and 4 regions. Since inception, the company has processed nearly 2 crore loan applications, and cumulatively disbursed 13,000+ crore , driven by a network of 100+ active lending partners.

12 Aug 2026 5:55 pm
Chandra's exit: Air India's mounting losses are the elephant in the room

Air India Group has accumulated losses of about Rs 47,821 crore since its takeover, leaving its prolonged transformation among the biggest unfinished projects of Chandrasekaran's tenure

12 Aug 2026 5:35 pm
Central Bank of India mobilises $250 million under FCNR (B) window: CEO

State-owned lender Central Bank of India has mobilised USD 250 million under the FCNR-B window introduced by the Reserve Bank of India (RBI), a senior bank official said on Wednesday. Central Bank of India has surpassed the USD 100 million target set for July, garnering USD 250 million. We have surpassed the July target set internally, and mobilised USD 250 million under FCNR - B, Kalyan Kumar, Managing Director and Chief Executive Officer of Central Bank of India, said on the sidelines of the a

12 Aug 2026 2:12 pm
Afghanistan to host India for 3-match T20I series before Asian Games 2026

The series is part of Afghanistan's Future Tours Programme and will be hosted in India, where the ACB has staged its home fixtures in recent years.

12 Aug 2026 12:54 pm
Abu Dhabi offers free UAE entry visas to eligible Indian tourists: Details

Visa-fee waiver runs till October 31; travellers must book a three-night stay and return flight through approved partners

12 Aug 2026 11:30 am
IND vs SL: Will Sarfaraz get direct entry to India Playing 11 in 1st Test?

Chief selector Ajit Agarkar's arrival in Colombo has added to the significance of the selection discussions, with India's World Test Championship campaign also at stake.

12 Aug 2026 10:54 am
Delhi sees sunny morning; floods and landslides disrupt life across India

Delhi is likely to see light rain later today, while Gurugram and Faridabad remain under a yellow alert; heavy rainfall is forecast across several states, with floods, landslides and road disruptions

12 Aug 2026 10:06 am