Business
How do NRIs get started once they decide to invest in the Indian stock market? Ans: Firstly they need to open a bank account and decide whether they need to trade on a repatriable or a non repatriable basis. Now those who already have bank accounts should check with their bankers to find out whether those are suitable for stock trading. Know that you can nominate only one bank account for your stock trading. Some of the leading private banks are competent in this regard and can help you open an account through the internet that can be faster. Q2). But isn’t that cumbersome paper work?
Ans: There is definitely some amount of paper work to be done. But if you download the application form from…
