Q: Can NRI place intraday order?

A: * No. NRI's not allowed to do the Intraday transaction. They can only trade on a delivery basis. * Short selling is not allowed.

• 21 Hours56 Minutes ago
• Others - Business and Finance
• See Answer

Q: Can an NRI trade in currency derivated segment of the exchange?

A: No, NRIs cannot trade in currency derivated segment of the exchange.

• 21 Hours57 Minutes ago
• NRI Investments - Business and Finance
• See Answer

Q: Can rights/bonus shares be issued to NRI?

A: FEMA provisions allow Indian companies to issue Rights / Bonus shares to existing non-resident shareholders, subject to adherence to sectoral cap as may be applicable

• 21 Hours58 Minutes ago
• NRI Investments - Business and Finance
• See Answer

Q: Can the NRI deposits be prematurely extended to get the benefit of higher interest?

A: Yes, the deposit will earn interest without penalty for the period it has run, provided it has run for the minimum maturity period and thereafter at the higher interest rate.

• 1 Day ago
• NRI Banking - Business and Finance
• See Answer

Q: Will, the bank renew our NRE/FCNR bank deposits automatically?

A: Yes, provided automatic renewal instructions are given at the time of opening the deposit in which case, it will be automatically renewed for an identical period.

• 1 Day ago
• NRI Banking - Business and Finance
• See Answer

Q: Can NRI invest in immovable proprietory concern?

A: Yes, NRI can invest in capital proprietary and partnership firms engaged in manufacturing, commerce or trading activities on a non-repatriation basis

• 1 Day ago
• NRI Investments - Business and Finance
• See Answer