Name the savest & high inrest earning bank in Punjab?
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is it ok for a brtish national to deposit money in india ? which is the savest and high interest paying bank in Punjab State?
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Answer:
I think investing in India is safe and for sure you may get 15 - 20% + returns, but being a foreigner, you cannot deposit for interest, but you can invest
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Other answers
As a british citizen, you are free to invest in who or whatever you like, provided they are not on the British government's list of banned organizations. You should find out and read what the written guarantees and assurances are for the amount of money you intend to deposit, should the bank go bust. Interest rates offered by the Punjab National Bank, which was the only one i know, can be found by clicking on the link in sources. .
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