ICICI banks launches advisory service to NRIs

ICICI bank has started 'NRI Advisory Services' for the benefit of non resident Indians. Initially this facility will be available to NRIs in New York and London and later would be extended to Toronto, Dubai and Singapore.

It is waiting for appropriate approvals from the respective authorities for expansion of the service to other cities. This service would guide NRIs regarding direct investmnet in India and will also provide information on market data and analysis for NRIs to take a better decision regarding investment.