NRIs residing in Singapore, Dubai, and London are now able to invest in Indian Mutual Funds.
1 report, 1 independent
Updated Aug 1
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What happened
NRIs residing in Singapore, Dubai, and London are now able to invest in Indian Mutual Funds.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- SGX listed a fund that allows investors to access the Indian equity market.Sub-event
NRIs in London, Singapore, and Dubai gain access to invest in Indian Mutual Funds.1 source
Keep exploring
Part of
Singapore and Dubai are functioning as financial hubs for non-resident Indian deposits, influenced by global economic trends like higher US interest rates.Also in this story
- HSBC captures non-resident Indian deposits using the RBI concessional window across major financial hubs.
- The Reserve Bank of India utilizes its governor to push policy agenda by monitoring tax challenges in Singapore and viewing Dubai as a viable market for capital inflows.
The entities involved
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Singapore
sovereign island country and city-state in maritime Southeast Asia
- Grace Fu visited Turkey to advance bilateral cooperation, representing Singapore at COP31, with PSA International involved in the port.
- CIMB was used for political donations in Malaysia, while a ledger detailing under-representation was kept in Singapore, and Article 153 safeguards were discussed for Sabah natives.
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Dubai
most populous city in the United Arab Emirates and the capital of the Emirate of Dubai
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London
capital and largest city of England and the United Kingdom