Comment on NRI trading on Indian Stock Exchanges

Brenden commented on 30 Nov 2016, 10:21 PM

Hi Nithin,

I have a NRI trading account with Zerodha. With reference to the updated FEMA guidelines for NRI’s, is it okay if I close my existing PIS A/C with Axis Bank and link my Federal Bank NRO account with Zerodha.

Also, I am not sure if I can continue to trade in F&O if I have a CP issued from IL&FS.

I would really appreciate if you can give some clarity on the above.

View the full comment thread »