Comment on NRI trading on Indian Stock Exchanges

Dinesh Kumar commented on 06 Apr 2017, 06:54 PM

Hello Nithin,
This is the link Madhura was talking about.
https://rbidocs.rbi.org.in/rdocs/notification/PDFs/FM361E7862E2EE31F4CF8A997AD32A0EE11B2.PDF
But looks like it will be applicable non-repatriation basis.

“(ii) A Non- Resident Indian (NRI) may acquire securities or units on a non-
repatriation basis, subject to the terms and conditions specified in Schedule 4.”

I am also interested in opening an NRI account linking with NRE account. Will the above make any change in brokerage of 200/- per transaction?

Thanks
Dinesh

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