Archives: FAQs

CRAR means Capital to Risk-Weighted Assets Ratio that needs to be maintained by banks at a minimum of 9 percent. Read more: Indian Company Registration

Axis Bank, Bank of Baroda, Citibank, and Canara Bank are some of the best banks to open a Non-resident account in India. Read more: Indian Company Registration

There are 10 banks in India where you can open a corporate bank account – ICICI Bank, HDFC Bank, Axis Bank, Yes Bank, Punjab National Bank, Indusind Bank, Kotak Mahindra Bank, SBI, RBL Bank, and Bank of Baroda. Read more: Indian Company Registration

There are 6 types of bank accounts – Savings Account, Current Account, Salary Account, NRI Account, Recurring Deposit Account, and Fixed Deposit Account. Read more: Indian Company Registration

You must take care of these things before opening a bank account – opening deposit, minimum balance, the upper limit on withdrawals, additional services, ATM services, credit facility, and online services. Read more: Indian Company Registration