Banknet India's, "A Handbook for NRIs, PIOs & OCBs" is an invaluable
reference tool and ready reckoner. 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.

This Handbook is divided in 6 Chapters & has 32 subsections & 2
annexures. Handbook provides various definitions, 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 both under the Automatic Route as
well as Foreign Technical collaborations, issue related to ADRs /
GDRs, Portfolio Investments, Acquisition of immovable property,
various type of loans, facilities for insurance, education, visa
rules, Tax concessions etc. Handbook also covers the facilities
available to returning Indians & about PIO Cards.

Under Arbitrage Opportunities it explains arbitration
opportunities available to the NRIs and also guides them to earn
higher returns on their foreign currency deposits. It also provides a
note on the Internet Banking in India with a list of banks offering
ebanking facilities to their customers.

In addition to NRIs, large number of bankers from Operation/NRI
divisions of Indian & Foreign banks have also subscribed to this
Handbook.

Handbook is available online at 20% introductory discount (Rs 466-
US$9.92).For more details click at:
http://www.banknetindia.com/books/global.htm

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