I am Indian NRI and would like to know How secure is my funds in FCNR US$ account in CitiBank India?
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I am Indian NRI and would like to know How secure is my funds in FCNR US$ account in CitiBank India?
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They are fully secure.
For NRI accounts NRO, NRE and FCNR, read http://mytaxes.in/index.php?topic=150.0
sorry I don't know I hope you find the answer. I wish you all the luck!