Comment on NRI trading on Indian Stock Exchanges

Nithin Kamath commented on 05 Apr 2016, 01:39 PM

The bandwidth required to support a NRI client is extremely high. Your funds sit in your PIS bank account, everytime you buy stocks we have to send the contract note to your bank to get the money released. Added to this general other operational issues. Don’t think we can do anything on the rates bit. Also for trading F&O for NRI, you need a custodian account.

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