How different is stock market investing for NRIs?
2 years, 9 months ago

How different is stock market investing for NRIs?

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India has one of the world's fastest expanding economies. In addition, the Reserve Bank of India's PIS plan allows NRIs to purchase shares or convertible debentures from the stock exchange using a bank account at a designated branch. The Portfolio Investment Scheme is a clearance letter from the Reserve Bank of India that allows NRIs to invest in Indian stocks and open trading and demat accounts with a broker. Create a Demat and a Trading account Finally, as an NRI in India, you must create a Demat account as well as a trading account. The trading account is used to make online stock market investments and is the hub for all stock market operations involving a bank account, a Demat account, stock exchanges, and the NRI investor.

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