Business Daily from THE HINDU group of publications Wednesday, Dec 20, 2006 ePaper |
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Money & Banking
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Alliances & Joint Ventures Industry & Economy - NRIs
Our Bureau
Under the name of NBD-HDFC Bank NRI Services, the partnership will offer joint account services, remittances, wealth management services and preferential pricing on home loans in India. "Under the tie-up, NRI customers will be able to sign up for the NBD-HDFC Bank NRI Value Account, featuring NBD value account in the UAE and HDFC Bank NRE/NRO account in India," said a bank release. The account will offer interest, insurance, a free credit card, roadside assistance, medical access and value offers, the release added. The customers will also get international gold debit cards, investment advisory services, online mutual funds purchase and discounted safe deposit lockers in India.
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