Banknet India has released the second edition of "NRI's Handbook for
Banking & Investments", updated up to July 2004. New edition,
incorporates the changes in last 12 months, including those outlined
in Indian Budget 2004-05. Second edition of the handbook has been
brought out in view of the wide ranging changes in the guidelines
related to Non Resident Indians in the areas of definitions, rate of
interest, deposit schemes, repatriation, remittance, taxes etc.

This handbook edited by Senior Bankers, including those who have
worked in the Reserve Bank of India & Treasury of Banks, provides
updated & authentic information at one place. Handbook is divided in
11 Chapters and nearly 50 subsections and is available in PDF format
at www.banknetindia.com

Handbook provides definitions of Non-Resident Indian (NRI), Foreign
Citizen of Indian Origin, Person of Indian Origin (PIO), Overseas
Corporate Body (OCB), Detailed note on all the different types of
accounts including rules regarding repatriation; Detailed account of
all the Investment options available to the NRIs both on repatriation
and non repatriation basis; Foreign direct investment, Foreign
Technical collaborations, Issue related to ADRs / GDRs, Portfolio
Investments, Acquisition of immovable property; Various type of
loans, Facilities for Insurance, Education, Tax concessions etc.

Handbook also covers the facilities available to Returning Indians,
PIO Cards, List of Indian banks offering Internet Banking facilities,
Categories of Visa to India etc.

NRI's handbook in PDF format is available at:
http://www.banknetindia.com/