What funds can be credited to RFC accounts of Returning Indians?

Question: What funds can be credited to RFC accounts of Returning Indians?

Answer(s)

Raju Kanumuri: The Returning Indians can credit to RFC accounts, the entire amount of foreign exchange brought to India at the time of their return to India for permanent settlement as well as the balances standing to the credit of their Not Resident (External) (NRE) and Foreign Currency Non-Resident (FCNR) accounts.

Source : Reserve Bank Of India

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