Wednesday, June 25, 2014

HNIs to benefit from RBI policy

High networth individuals () will feel better after the Reserve Bank of India ()'s statement. Reason: The RBI has increased the limit of investment from $75,000 to $125,000 per head (or Rs 75 lakh at the rate of Rs 60/$). This means ones travelling abroad frequently will be able to take advantage of this. 

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