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PPB Capsule Cards PRO Operational Aspects of NR…
Can an NRI open a Non-Resident (Ordinary) Rupee Account (NRO) jointly with a resident Indian?
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NRO Account Joint Holding
Operational Aspects of NRI Business 53
WA 53
PPB Capsule Cards PRO Operational Aspects of NR…
Can a bank grant loans against NRE deposits for carrying out agricultural/plantation activities or for relending purposes?
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Loans Against NRE Deposits
Operational Aspects of NRI Business 47
WA 47
PPB Capsule Cards PRO Operational Aspects of NR…
What penalty applies if an NRI prematurely withdraws an FCNR(B) deposit to immediately convert it into an NRE or RFC account?
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Premature FCNR to NRE Conversion
Operational Aspects of NRI Business 46
WA 46
PPB Capsule Cards PRO Operational Aspects of NR…
If an NRI sells residential properties in India, what is the maximum number of properties for which the sale proceeds can be repatriated?
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Repatriation of Property Sale
Operational Aspects of NRI Business 44
WA 44
PPB Capsule Cards PRO Operational Aspects of NR…
What specific types of immovable properties are NRIs and PIOs strictly prohibited from purchasing in India?
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NRI Immovable Property Rules
Operational Aspects of NRI Business 42
WA 42
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PPB Capsule Cards PRO Operational Aspects of NR…
Under the Portfolio Investment Scheme, what is the holding ceiling for an individual NRI and the total aggregate ceiling for all NRIs in an Indian company?
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NRI Portfolio Investment Limits
Operational Aspects of NRI Business 41
WA 41
PPB Capsule Cards PRO Operational Aspects of NR…
If the sole holder of an FCNR(B) deposit dies before maturity, how is the interest calculated if claimed immediately by the resident nominee?
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Death of FCNR(B) Depositor
Operational Aspects of NRI Business 41
WA 41
PPB Capsule Cards PRO Operational Aspects of NR…
Under FEMA, which specific business sectors are absolutely prohibited for investment by NRIs and OCIs?
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Prohibited NRI Investments
Operational Aspects of NRI Business 40
WA 40
PPB Capsule Cards PRO Operational Aspects of NR…
What is the purpose of a Special Non-Resident Rupee (SNRR) Account, and what is its maximum permitted tenure?
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SNRR Account Basics
Operational Aspects of NRI Business 39
WA 39
PPB Capsule Cards PRO Operational Aspects of NR…
Citizens of which countries require prior RBI approval to acquire or transfer any immovable property in India (excluding 5-year leases)?
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Property Acquisition Restrictions
Operational Aspects of NRI Business 39
WA 39
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PPB Capsule Cards PRO Operational Aspects of NR…
Which account should an NRI open to park their bona fide domestic Indian earnings, such as rent, dividend, or pension?
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NRO Account Purpose
Operational Aspects of NRI Business 38
WA 38
PPB Capsule Cards PRO Operational Aspects of NR…
What are the minimum and maximum permissible tenors for opening an FCNR(B) term deposit?
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FCNR(B) Maturity Blocks
Operational Aspects of NRI Business 37
WA 37
PPB Capsule Cards PRO Operational Aspects of NR…
Can the funds held in a Non-Resident (External) Rupee Account (NRE) be freely transferred outside India by the NRI account holder?
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NRE Account Repatriability
Operational Aspects of NRI Business 33
WA 33
PPB Capsule Cards PRO Operational Aspects of NR…
What specific actions is a resident Power of Attorney (PoA) holder completely restricted from performing on an NRE account?
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NRE Power of Attorney Limits
Operational Aspects of NRI Business 33
WA 33
PPB Capsule Cards PRO Operational Aspects of NR…
What type of account can a foreign national of non-Indian origin visiting India open, and what is the condition for remitting the balance?
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Foreign Nationals Visiting India
Operational Aspects of NRI Business 32
WA 32
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PPB Capsule Cards PRO Operational Aspects of NR…
Who is permitted to hold a joint NRE account with a Non-Resident Indian (NRI) or Person of Indian Origin (PIO)?
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NRE Joint Accounts
Operational Aspects of NRI Business 32
WA 32
PPB Capsule Cards PRO Operational Aspects of NR…
Are NRIs allowed to open Savings or Current accounts under the Foreign Currency (Non-Resident) Account (Banks) Scheme - FCNR(B)?
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FCNR(B) Account Types
Operational Aspects of NRI Business 32
WA 32
PPB Capsule Cards PRO Operational Aspects of NR…
When a foreign national leaves India after their employment, what happens to their resident bank account and its balances?
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Employment Accounts for Foreigners
Operational Aspects of NRI Business 31
WA 31
PPB Capsule Cards PRO Operational Aspects of NR…
How do the Income Tax implications differ between the interest earned on an NRE account versus an NRO account in India?
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Tax Implications on NRE vs NRO
Operational Aspects of NRI Business 31
WA 31
PPB Capsule Cards PRO Operational Aspects of NR…
What is the minimum maturity period required by the RBI for term deposits placed under the NRE (Non-Resident External) scheme?
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NRE Fixed Deposit Tenor
Operational Aspects of NRI Business 29
WA 29
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Operational Aspects of NRI Business — JAIIB PPB Capsules

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NRO Account Joint Holding Can an NRI open a Non-Resident (Ordinary) Rupee Account (NRO) jointly with a resident Indian? Loans Against NRE Deposits Can a bank grant loans against NRE deposits for carrying out agricultural/plantation activities or for r… Premature FCNR to NRE Conversion What penalty applies if an NRI prematurely withdraws an FCNR(B) deposit to immediately convert it into a… Repatriation of Property Sale If an NRI sells residential properties in India, what is the maximum number of properties for which the… NRI Immovable Property Rules What specific types of immovable properties are NRIs and PIOs strictly prohibited from purchasing in Ind… NRI Portfolio Investment Limits Under the Portfolio Investment Scheme, what is the holding ceiling for an individual NRI and the total a… Death of FCNR(B) Depositor If the sole holder of an FCNR(B) deposit dies before maturity, how is the interest calculated if claimed… Prohibited NRI Investments Under FEMA, which specific business sectors are absolutely prohibited for investment by NRIs and OCIs? SNRR Account Basics What is the purpose of a Special Non-Resident Rupee (SNRR) Account, and what is its maximum permitted te… Property Acquisition Restrictions Citizens of which countries require prior RBI approval to acquire or transfer any immovable property in… NRO Account Purpose Which account should an NRI open to park their bona fide domestic Indian earnings, such as rent, dividen… FCNR(B) Maturity Blocks What are the minimum and maximum permissible tenors for opening an FCNR(B) term deposit? NRE Account Repatriability Can the funds held in a Non-Resident (External) Rupee Account (NRE) be freely transferred outside India… NRE Power of Attorney Limits What specific actions is a resident Power of Attorney (PoA) holder completely restricted from performing… Foreign Nationals Visiting India What type of account can a foreign national of non-Indian origin visiting India open, and what is the co… NRE Joint Accounts Who is permitted to hold a joint NRE account with a Non-Resident Indian (NRI) or Person of Indian Origin… FCNR(B) Account Types Are NRIs allowed to open Savings or Current accounts under the Foreign Currency (Non-Resident) Account (… Employment Accounts for Foreigners When a foreign national leaves India after their employment, what happens to their resident bank account… Tax Implications on NRE vs NRO How do the Income Tax implications differ between the interest earned on an NRE account versus an NRO ac… NRE Fixed Deposit Tenor What is the minimum maturity period required by the RBI for term deposits placed under the NRE (Non-Resi…
Chapters in this paper
Banker-Customer Relationship Principles of Lending, Different Types of Borrowers, and Types of Credit Facilities Essentials of Bank Computerisation Ethics, Business Ethics & Banking: An Integrated Perspective AML- KYC Guidelines Appraisal and Assessment of Credit Facilities Operational Aspects of CBS Environment Ethics at the Individual Level Operational Aspects of KYC Operational Aspects of Loan Accounts Alternate Delivery Channels – Digital Banking Ethical Dimensions: Employees Opening Accounts of Various Types of Customers Types of Collaterals and their Characteristics Data Communication Network and EFT Systems Work Ethics and the Workplace
Modules in PPB
MODULE A: General Banking Operations MODULE B: Functions of Banks MODULE C: Banking Technology MODULE D: Ethics in Banks and Financial Institutions
JAIIB papers
IE-IFS — Indian Economy & Indian Financial System PPB — Principles & Practices of Banking AFM — Accounting & Financial Management for Bankers RBWM — Retail Banking & Wealth Management
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