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Federal Bank provides a host of services to its NRI customers In Mumbai

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We found Federal Bank provides a host of services to its NRI customers in Mumbai.
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It's easy for NRIs to invest in India but not repatriate

Admin - Posted on: 15/Jul/2016

Investment is expected to soar on the hope that new government will implement infrastructure projects, rationalise the securities transaction tax / commodities transaction tax, along with implementing other reforms. "Traditionally, NRIs have preferred to invest in real estate. But this would block large funds for a longer period of time. With equity markets aiming higher, investments in stocks fetch better returns in a shorter span of time, with high liquidity," says Rashmi Roddam, director, WealthRays Securities.

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