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 …
Indians that reside and earn in a foreign country are known as Non-Resident Indians. Having a NRO or NRE bank account is mandatory before opening the NRI demat account. Once your PINS letter is obtained by the bank with which you have your account, you can open both a trading and demat account, following this you are enabled to trade …
