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NRI News:

More than 100 bank failures this year in US
State Bank of India (Canada) Pledges its Support for Canada's Athletes
NRI Vikram Pandit stays CEO of Citigroup Bailout Bank, US government to control 36 percent
NRI deposit in Gujarat Banks continue to grow
Central Bank of India plans international expansion
ICICI Securities inaugurates its Oman Branch..x
South Indian Bank's Q2 net surges by 45%
It’s time to invest’ in Indian deposits - ‘Indian banks are safer’
IndusInd Bank to expand its business
Punjab National Bank reduce interest rates on NRI schemes
South Indian Bank (SIB), has launched ‘NRE Savings - Diamond Account’
Three, including former bank manager, charged for Rs.56 mn fraud by
forging signatures of 7 NRI's bak accont
UK NRI bank clerk charged with alleged attempted £70million fraud at HSBC
Kerala, Federal Bank launches remittance facility for US NRIs through web Site
FII Issue- The Indian government treats NRIs as criminals- So prevalent and enforcing is this view that today, hardly any NRI invests directly in the stock market in India Read This: Transparency and responsible regulation
Bank of Baroda announces the opening its Bank in Trinidad & Tobago
ICICI Bank awarded as the Outstanding Private Bank by Private Banker International
HSBC Opens New NRI Rep Office in Fremont, California
Bank of Baroda expand its presence in South Africa- The Bank of Baroda generates about 35% profit from foreign operations. (A-Z0701)
Aniyan Kutty: NRI, Aniyan Kutty to Open International Bank in
NRI charged ID theft and bank fraud in New Jersey
NRI deposits steadily risen high in Kerala
PNB hiked interest rates on fixed deposits, FCNR, NRE rates x
Rupee weakens eight paise against dollar x
NRI can remit up to $1 million abroad per year from the sale of immovable property in India.
United Western Bank Ltd. Placed under Moratorium
ICICI increases NRE fixed deposits 6.70%(India 06)
NRI Bank -Khalsa Credit Union will remain under government supervision
World`s largest UK, HSBC bank expands in India
Indian Financial Company target 1.5 million NRIs in Saudi Arabia
Indian Bank ICICI increases NRI deposit rates
The Reserve Bank of India stop arbitrage opportunities on NRI deposits (India 4)
South Indian Bank cash flow turns negative (India 3)
Bank of Maharashtra ties up with Western Union (BoM)
NRI opened South Asian bank in New Jersey, USA
ICICI Bank expands network in Vancouver, Canada
IndusInd Bank ties up with LIC for Group Insurance Scheme- offer a cover of Rs three lakh to NRI Saving Accounts under a Group Insurance Scheme.
Aug 31: Ajay Banga got top position in Citigroup
Aug 08: NRI deposits fall, banks increase interest rates (India_2)
July 22: Fortis, Europe's largest players in banking ties up with India's second largest ICICI bank
July 19: NRI Sushil K. Tuli opening of its third new branch in Massachusetts - Started as teller, mortgage business Owner, and then Banker
July 14: ICICI Bank expands network in Britain, Canada
July 05: NRI deposits down as banks lower rates (05_23)
July 02: SBI attract Gulf NRI Investors- redemption and reinvestment options ME_1
June 16: NRI, Raj Sharma has been named one of America's 100 Top Brokers by the Barron's magazine.
April 18: Syndicate Bank signed with Bahrain National Finance and Exchange Co WLL to grab NRI remittance
April 01: UCO Bank revises rates on NRI deposits (UCO_1)
March 30: IndusInd Bank to launch capital market arm with $10 mn (India_1)
March 13: First NRI -owned community bank in Illinois next month.
March 01: SBI raised interest rates on new NRI term deposits up to 0.30 per cent (05_Jan_22)
Feb. 11: Mobile banking is an instant hit with our customers,
especially with our NRI clients
Feb. 11, 2005: ICICI Bank has grown its foreign remittance business by over 60 per (05_Jan_20)
Dec. 08, 2004: Global Money Exchange Company, IOB join hands Indian Overseas Bank (IOB) (16_)
Dec. 05, 2004: New schemes for NRIs by ICICI Bank and US-based Russell Investment Group (15_)
Dec. 04, 2004: Wells Fargo and ICICI Bank Launch Overseas Remittance Service- Send up to US$3,000 a day from their U.S. accounts to accounts in India for $8.00 per transaction.
Nov 10, 2004: Hinduja Group to up stake in IndusInd Bank (13_)
Oct. 10, 2004:ICICI branch at Bahrain providing various retail banking products for NRIs (12_)
Oct. 10, 2004: Karnataka Bank to offer Net banking- The NRI deposits have accounted for about 10 per cent of total deposits (11_)
Oct. 04, 2004: Union Bank of India plans acquisitions of new banks Keen to open branches in other Countries to attrct NRIs
Sep. 30, 2004: NRI deposits in Kerala banks down (9_09)
Sep. 28: State Bank of India To Expand China Branch (8_09)
Sep. 19: Abu Dhabi Commercial Bank (ADCB)- extending loans to NRIs in UAE (7_ADCB)
Sep.14 : ICICI Bank to sell stake in Federal Bank-also NRI deposits account for around 40 per cent of the bank's deposits
June 24: Prudential ICICI bank-investments through the website have touched the Rs 2 crore mark.
Kerala based, Lord Krishna Bank ties-up with Doha's Arabian Exchange (AEC)
'e-Cash Home' through Internet-based online remittance by Indian Overseas Bank
Grey India Inc (GII) will hold 1,88,260 equity shares of Grey Worldwide (India) as a non-resident shareholder on repatriation basis
NRIs from Gulf urges PM not to tax NRI deposits (x0830NRItax)
ICICI,Second largest bank's overseas expansion- Dubai, UK, and Canada..
Reserve Bank of India established new Rule for NRI's overseas remittances (x083004NRI)