Don’t miss the latest developments in business and finance.

Non-Gulf Nris Play Bigger Role, Says Hsbc Official

Image
Our Banking Bureau BUSINESS STANDARD
Last Updated : Feb 26 2013 | 1:13 AM IST

The non-resident Indians (NRIs) settled in the Gulf traditionally get the credit for sending in foreign exchange remittances to India. But the NRIs based in other parts of the world play a bigger role. They help in pushing FII and FDI flows into the country, says K B Chandrasekar, head of strategy and planning for the HSBC Group (Asia Pacific).

Also Read

First Published: Feb 14 2003 | 12:00 AM IST

Next Story