Comment on NRI trading on Indian Stock Exchanges

Nithin Kamath commented on 06 Apr 2017, 07:22 PM

Dinesh, yes we can allow this, we actually did it for a while. We later realized that all the work that bank does for PIS accounts (generating TDS certificates, etc) has to be done by us as broker. We don’t have the bandwidth for this at the margins we work at.

You can open a NRI account, which will be at that Rs 200/transaction.

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