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High networth individuals (HNIs) will feel better after the Reserve Bank of India (RBI)'s bi-monthly monetary policystatement.
Reason: The RBI has increased the limit of investment from $75,000 to
$125,000 per head (or Rs 75 lakh at the rate of Rs 60/$). This means
ones travelling abroad frequently will be able to take advantage of
this.
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Wednesday, June 25, 2014
HNIs to benefit from RBI policy
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