How NRIs can overcome banking challenges and manage their finances back home
Source: Live Mint PIS accounts NRE-PIS (portfolio investment scheme) and non-PIS accounts are mandatory for NRIs who wish to invest in Indian markets, as per regulatory guidelines. A PIS account linked to an NRE account is ideal for NRIs prioritizing the repatriation of funds. However, they require approval from both the bank and the Reserve…