A non-repatriable Demat account is very similar to a repatriable account, with the only difference being that a person with a Non-Repatriable account cannot move money to India. It is compulsory for the NRI to link their account to an NRO (Non-Resident Ordinary) bank account. NRIs can...
MobiKwikoperatesbased on the Reserve Bank of India (RBI) mandated guidelines and government approvals and licenses subject to numerous conditions, which may be revoked in case of non-compliance. This may also lead to penalties or disruption of operations. The company also notes previous instances o...