Tag Archives: NRIs

NRIs, Indians Abroad to show Old Notes to Customs at Airport

old-notes

The Finance Ministry today declared that the NRIs and Indian Nationals abroad can deposit up to Rs 25,000 of old Rs. 1000 and Rs. 500 notes, if they show the junked notes to Customs officials at the airport and get declaration form stamped. The Government has offered a grace period of three months for IndianContinue Reading…

NRI deposits in Kerala Banks cross Rs.1 lakh Cr in 2014-15

Kerala State Level Bankers Committee - banks

Deposits of non-residents (NRs) in Kerala banks have crossed Rs.1 lakh crore in the last fiscal, said a State Level Bankers Committee (SLBC) report released here on Monday. NR deposits in Kerala banks have been growing over the years. From Rs.66,190 crore in March 2013, these climbed to Rs.93,883 crore by March 31, 2014, andContinue Reading…

With NRI Help, Punjab targets 1,000 MW Solar Energy by 2017

Solar Energy

Jalandhar (Punjab), May 12 (IANS): The Punjab government is targeting solar power generation of 1,000 MW by 2017 with a major investment in this sector coming from Non-Resident Indians (NRIs), a minister said on Tuesday. “Renewable energy is fast emerging as ‘sun-rising’ sector for NRIs due to investor friendly unique policies of Punjab with moreContinue Reading…


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