NRI Investments
With the Indian government’s attempt to tap foreign capital resources, new incentives are offered to non-resident Indians wishing to invest their money in Indian markets and consequently the merchant bankers also have extended their service hands to promote and co-ordinate the investment proposal of the non-resident Indians and persons of Indian origin.
The Syndicate provide information about forthcoming new issues, advise
on selection of issues and help in the actual purchase of the securities for
the NRIs. In portfolio investment, we inform about the investment climate in India,
advise on the selection of investments, purchases and sell securities for the
NRIs through authorized brokers with approval from the RBI, holds the
securities in safe custody, maintains investment records and does collection
and remission of interest and dividend on investments.