Foreign institutional investors are the full version of FII. They are organisations formed or registered outside of India that make investment offers in India. Such offerings are often made on behalf of sub-accounts by overseas institutional investors, which can contain international businesses, individuals, and funds.
Category Archives: Banking
All To Know About Payment Banks
A financial institution that isn’t a financial institution. This is the core notion underlying the specific form of a Payments Bank. To realize the vision of virtual India, the Reserve Bank of India created the notion of bill banks to increase the penetration of monetary products utilizing reaching areas where actual banks cannot.
All to know about Demand Draft (DD)
Know all about Foreign Exchange Management Act (FEMA)
Have you ever considered why the government needs foreign currency while the people remain in India? Consider someone who lives in India and wishes to travel abroad for work, travel, education, migration, or any cause that necessitates the use of foreign currency. Similarly, if someone lives outside of India and wants to visit here for […]
