B. Tech., MBA, Bradford, @UniBradford, @BradManagement UK, Full Time F&O System Trader. Table Tennis. Mathematics. Proud Father of 2 Angels. Husband. Atheist.
@z_vj@dhims_doshi@Ankit_Quant No Bank will give you the leverage of 9x if you go to a Bank of your own and make them understand the structure. It has to go thru tie-up strategically. And also, individually, the rate of Interest cannot be 5%. It will be higher.
@Ankit_Quant@dhims_doshi I am also searching for such bank here. Went to Wells Fargo and I look like stupid explaining to them that what an FCNR is and what a leverage is. Then they forwarded me to Forex Guys... No Hope.
Meanwhile, I got the call from RM in India and he said he will arrange the leverage
@max_hamiltonzz@realhyderabad86 Aur main to ye bhi keh rha hun ki 1 saal ke baad RBI Fore Majeure lagajar bole ki unke pass to USD hai hi nahi.. INR le lo NRI walo.... nahi to tum Anti National Pakistani kehlaye jaoge...
@max_hamiltonzz@realhyderabad86 Main bhi ye hi keh rha hun Bhai. FCNR is junk. Ppl are saying the Deposits are insured. Par sirf 5Lac ka. Us se kya hona hai. NRI 5 L lo FD karane kyun aayega India?
Uppar se Nimo Tai ka mood. Pata nahi kis din uth ke keh de ki chalo aaj NRIs ki maarte hain.
@vbomkara What if after 3 years RBI says stamps us the NRI anyi-national if we ask our Dollars back? Or they say that they do not have enough USD to pay us back. Take the INR instead. I don't believe it and won't give my hard earned money for mere 7%.
@max_hamiltonzz@realhyderabad86 Abe Chutiye... He was talking about US30 Year yield... Not US 30 Yr return of Stock Market. Apple to Apple. Fixed Income to Fixed Income.
This was the most goated currency note of India. Perfect decimal value, perfect colour combo, and motifs of oil rig, satellite, crops, and steel foundry. These motifs captured aspirations of India in best manner.
Too bad that we had to discontinue this.
The feel of this note! 🤌