https://www.taxtmi.com/news?id=34568 Federal Bank launched Prospera, a new NRE Savings Account variant for the emerging affluent NRI segment offering complimentary insurance cover, airport lounge access, debit-card rewards and introductory travel discounts. The Bank also added a mobile-banking feature allowing NRIs to open Portfolio Investment Scheme (PIS) accounts to invest in Indian equities, and highlighted its remittance market position, UAE representative offices, IFSC Banking Unit in GIFT City, and CRAR reported under Basel III. en-us Wed, 19 Feb 2025 17:01:03 +0530 Wed, 19 Feb 2025 17:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34568 Federal Bank launched Prospera, a new NRE Savings Account variant for the emerging affluent NRI segment offering complimentary insurance cover, airport lounge access, debit-card rewards and introductory travel discounts. The Bank also added a mobile-banking feature allowing NRIs to open Portfolio Investment Scheme (PIS) accounts to invest in Indian equities, and highlighted its remittance market position, UAE representative offices, IFSC Banking Unit in GIFT City, and CRAR reported under Basel III. News - Wed, 19 Feb 2025 17:01:03 +0530 https://www.taxtmi.com/news?id=34568