How To Open A Bank Account In India

When India gained independence and was established as a republic, the Rupee (currency code: INR, symbol: ₹, and equivalent to: £0.011, $0.013 or €0.012) was adopted as the sole currency. The banking sector is regulated by the Reserve Bank of India (RBI). In 2016, to counter corruption and illegal cash holdings, 1,000 INR notes were … Read more

What The New Money Laws In India Mean For Expats

When the Indian government decided to ban 500 (£6/$7) and 1,000 (£12/$15) rupee notes as part of their anti-corruption drive, the move not only shocked India, but also expats living there as well. In their place are new 500 and 2,000 rupee notes, which have new security features and the government says a new 1,000 … Read more