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  #1  
December 4th, 2012, 09:41 AM
Unregistered
Guest User
 
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
Super Moderator
 
Join Date: Mar 2012
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.
Attached Files
File Type: pdf RBI NRI FAQ for trading account.pdf (67.6 KB, 16 views)




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