The RBI is scrutinizing the use of a 2003 foreign exchange regulation granting NRI status to Indian students abroad, aimed at tax and fund transfer benefits. The central bank considers refining guidelines to differentiate between legitimate students and those exploiting the policy transfers. Post navigation Stock market crash: LIC’s stock portfolio takes a Rs 1.5 lakh crore hit in 2025 as markets bleed Top 5 Bank Fixed Deposits: Check best FDs for 1, 2, 3 and 5-year time period – here’s how much Rs 10,000 will grow to
