Banking
Indian remittance tax to indirectly hit NRIs
Those receiving money from India for investment purposes to pay 5%
Standard Chartered India unveils online remittance service
It will enable clients to transfer funds overseas using their laptops or mobile phones
Indian bank unveils invitation-only wealth arm
It is aimed at ultra-high net worths
Credit Suisse discovers fraud in wealth management arm
It reportedly led to a loss of CHF10m
NRI deposits in India surge as rupee strengthens
Advisers in UAE are failing to keep the money invested locally