In a huge comfort for the majority of NRIs in the US, the tax on remittances established by US immigrants has been lowered.

A bill introduced in the US House of Representatives on May 12 proposes a 5% tax on money sent from the US to foreign ...

MUMBAI: Equity benchmark indices Sensex and Nifty surged in early trade on Monday driven by buying in HDFC Bank, ICICI Bank post their earnings announcement and continuous foreign fund inflows.

MANILA, Philippines – Foreign currency-denominated loans granted by local banks grew slightly in the last quarter of 2024, as disbursements exceeded principal repayments. Latest data from the ...

Hatton National Bank (HNB) is one of Sri Lanka's leading private commercial banks, offering a wide range of banking services, including inward remittances. The bank facilitates the receipt of ...

State Bank of India, HDFC Bank and ICICI Bank continue to be ... an additional common equity requirement has to be applied to it. In case a foreign bank having branch presence in India is a ...

India's central bank on Wednesday said the State Bank of India (SBI.NS), opens new tab, HDFC Bank (HDBK.NS), opens new tab and ICICI Bank (ICBK.NS), opens new tab remain the three domestic ...

Russian Raiffeisen Bank will stop cross-border transfers from leaving Russia in any foreign currency, the bank reported in its Aug. 15 press release. This means that Russian citizens will be unable to ...

India residents who are planning to invest abroad are required to open bank ... Foreign Currency Account (FCA) under Indian jurisdiction. The Reserve Bank of India has widened the scope of ...

The latest foreign ownership pattern of HDFC Bank, released on July 2, implies that the bank's shares are eligible to be considered for a weight increase at the upcoming MSCI index revision ...

HDFC Bank stock has shown a breakout above Rs 1,550, and is set up for a bullish move towards Rs 1,700, said analysts. On June 19, the stock gained 1.5 percent to Rs 1,632. HDFC Bank shares have ...