Comment on NRI trading on Indian Stock Exchanges

Hi Roopak,

One can open an NRO demat account, he can keep the NRE PIS account opened if he wishes or can close it. He’d also be able to transfer any holdings from that (NRE) account to NRO demat account. But, not be able to claim any repatriability benefit when transferred from NRE to NRO demat and sell the holdings.

Hope this clarifies.

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