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Promoth Manghat

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Rupee falls, NRI remittances surge

After the fall in the rupee's value, the flows are growing at 15-18 per cent. The fall in the rupee's value against the dollar has pushed the pace of remittances from Indians abroad by 18 per cent.......

NRI remittances touch a new high at $6.5 bn

Remittances by non-resident Indians (NRIs) saw a 27 per cent jump at $ 6.5 billion (Rs 39,991.9 crore in present valuations) between January and September this year, as against 7 per cent growth......

As rupee sinks, NRIs take loans to remit money

Average amount stands at Rs 1.5-2 cr, while borrowing sources are not only banks but friends as well Non-resident Indians (NRIs) are taking loans to remit more money to India to benefit from the......
  Web results for Promoth Manghat
Why Bangladesh leads in remittance outflow from India

In the 1970s and 80s, a large pool of migrant labourers from Bangladesh in Kolkata's construction sector had no reservations in revealing their... ...

http://smartinvestor.business-standard.com/market/Compnews-358422-Compnewsdet-Why_Bangladesh_leads_in_remittance_outflow_from_India.htm
UAE Exchange CEO wins award from ICAI

Media Release Abu Dhabi, Dec 15: Promoth Manghat, CEO, UAE Exchange, was conferred the prestigious excellence in finance and profession award by... ...

http://www.daijiworld.com/news/news_disp.asp?n_id=372530
UAE firm waives transfer fees to Chennai flood victims

A leading UAE-based remittance firm has decided to waive off the commission for money transfers donated for Chennai flood victims to help in flow... ...

http://www.thehindubusinessline.com/news/uae-firm-waives-transfer-fees-to-chennai-flood-victims/article7957740.ece?utm_source=RSS_Feed&utm_medium=RSS&utm_campaign=RSS_Syndication

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