'Financial sector will drive country’s growth as NBFC issue gets resolved’

Mirae Asset Global Investments’s average AUM jumped over seven times in the last 3 years, making it one of the fastest growing fund houses and a favourite with investors.Mirae Asset Global Investments CEO Swarup Mohanty talks about the company’s good run, the Indian markets Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies

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Use SBI rate to convert earnings abroad

If the foreign rental income is received outside India, the conversion needs to be made at the year-end TTBR rate.If the foreign rental income is directly received in India, then the rupee value credited in the bank account needs to be considered Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies

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Applying for IPO through a broker? Use UPI ID

If your bank does not provide UPI facility for IPOs, you will not be able to apply through an intermediary and will have to take the SCSB route instead.Investors putting in their bids through SCSBs can continue using the bank account to block the bid amount Get the latest news and analysis on business, finance, politics from Livemint, the website of the Mint newspaper, one of India’s leading business and financial dailies

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