The sudden enforcement of penalty has turned everyday savings into a source of panic — punishing the diaspora for lapses they never knowingly committed.

A Non-Resident Ordinary (NRO) account is the default account that Non-Resident Indians (NRIs) are left with upon leaving India. When a resident individual becomes a non-resident under the Foreign ...

Rahul was relocating to London for work and wanted to organise his finances before he left. He was looking for a suitable NRI account in India which would help him transact in his home country while ...