LIQUIDITY IN MONEY MARKETS Banks Are Flush With Funds No Demand For Borrowing INFLATION IN THE ECONOMY Higher The Inflation Higher The Interest Rates Current
NRO ACCOUNTS Account Currency ONLY RUPEE ACCOUNTS NRO ACCOUNTS Who Can Open An Account? Any Person Resident Outside India (Some Exceptions Are There) NRO ACCOUNTS
FCNR ACCOUNTS Account Currency Different Foreign Currencies USD /GBP/EURO/YEN / HKD/AUD/CAD/SGD/CHF FCNR ACCOUNTS Who Can Open An Account? NRI/PIO/OCI (Some Exceptions Are There) FCNR ACCOUNTS