09 September,2023
NRE vs NRO Account - A guide to NRI investing in India
Non-Resident Indians (NRIs) cannot open a regular Savings bank account in India. However, they can open either a Non-Resident External (NRE) account or a Non-Resident Ordinary (NRO) account. If you’re already an NRI or are slated to fall into this category shortly, you need to know the difference between NRE and NRO accounts. This will help you make the right financial decision.