#1
December 4th, 2012, 09:41 AM
| |||
| |||
Rbi nri faq
I am looking for the RBI NRI FAQ for trading account. Can you tell me the details of RBI NRI FAQ?
|
#2
December 5th, 2012, 10:13 AM
| |||
| |||
Re: Rbi nri faq
As you want to get the information regarding to RBI NRI FAQ for trading account so for your help I am uploading the PDF file which is having the information regarding to it. Here is some of the content of the file. Q1 Who is a non-resident Indian (NRI)? Ans Non-Resident Indian (NRI) means a “person resident outside India” who is a citizen of India or is a person of Indian origin"[as per FEMA regulations] Q2 Can NRI invests in shares in India through a stock exchange? Ans Yes, NRI can purchase shares or convertible debenture of an Indian Company through stock exchanges, under the portfolio investment scheme on repatriation and /or non repatriation basis. For more information Click on the PDF file attached below. |
|