India
Banking in India
India Business Experts
Recent forum posts
-
Starting a new business in India
I run a UK business and my fellow Director is an Indian National (I am a British citizen).We now want to launch our company in India and I am struggling to make any progress with the Indian High Commission. Can anyone help me with the process. I have twice visited the commission in London and wasted hours of time due to their complete lack of organisation.I will appreciate any help to make
Total Posts: 12 Last post by leahhart65
-
Hiring Struggles for Small Businesses in NZ, Are We Overlooking Soft Skills?
Hi everyone,I’ve noticed that many small businesses in NZ are facing real challenges when it comes to hiring the right people not just in terms of technical ability, but soft skills too. Communication, adaptability, and problem-solving often seem harder to find than certifications or experience.A few small business owners I’ve talked to said they struggle to read between the lines of a sta
Total Posts: 1 Last post by ngaiomarsh98
Banking in India
Banking in India has changed considerably in the past decade. Just about every international bank has a presence now in India. As in the UK, you can choose a different account for different purposes, but the most common forms are the UK-equivalent of current and savings accounts. Cash machines are available throughout the country.
To open a bank account in India, you will be required to provide the following documentation:
- Valid Passport
- Valid Visa
- Employer's Certificate or approval from the Reserve Bank of India if self-employed
Organisations that can assist with Banking
-
> Need to open a bank account in this country?
Business Banking advice Advice on which type of bank account would best suit your business. Help making payments – and getting paid.
