Sentences with phrase «in rupee denominated»
NRO Account (Non-Resident Ordinary Account): To park your Indian earnings in rupee denominated savings, current, fixed and recurring deposit accounts.
http://www.nriinvestindia.com/ Not exact matches
With the anticipated reduction in QE causing currencies like the Indian rupee to fall meaningfully as of late, the dollar denominated debt of Indian companies expands due solely to increasing currency differentials.
This fund holds stocks in more than 20 countries, and these are denominated in their native currencies: the Chinese renminbi, the Brazilian real, the Indian rupee, and so on.
If you send your friend a cheque, denominated in Indian Rupees, drawn on your NRE account (which is an account held in a bank in India), that cheque will most likely be refused by your friend's bank for deposit into your friend's NRE account.
The Interest rate of 3 % and 7.5 % is for funds held in regular savings account that are denominated in Rupee.
The account should be denominated in Indian Rupee and banks are free to determine the interest rates.
There are two ways of premium payment; one is foreign currency - denominated policies in which you pay the premiums in foreign currency or through your NRE / FCNR account, and second is rupee denominated policies in which you pay premiums in rupees using NRO accounts.
The policy will remain denominated in Indian rupees, i.e., premium, and claim will be paid in rupees.
Bitcoin prices denominated in Indian rupees fell 27 % on Friday, trading at a steep discount to the widely quoted Coindesk price index, according to data from CryptoCompare.
In line with previous efforts by Indian Prime Minister Narendra Modi to demonetize lower denominated rupees last year, the committee was formed, according to The Financial Express, based on Indian authorities» apprehension of illicit money being used to trade cryptocurrencies (colloquially referred to as «black money»).
The global P2P lending platform BTCJam now offers loans denominated in Indian rupees, Mexican pesos, Brazilian reals, euros, and Russian rubles.
Last year, in an attempt to crackdown on corruption, the Indian government announced that 500 and 100 rupee - denominated notes would be withdrawn from circulation, many people flocked to bitcoin due to the uncertainty surrounding government policy.
In an attempt to crackdown on corruption, the Indian government announced that 500 and 1000 rupee denominated notes would be withdrawn from circulation.