Non-Resident Rupee (NRE) Account & Non-Resident Ordinary Rupee (NRO) Account

A Non-Resident Indian (NRI) whose earnings are from abroad and India often faces problems in managing the finance. They also find it hard to trace bank accounts in a different country, even when trying to repatriate/ defector money to their home account. NRE & NRO accounts help with this. As per the Foreign Exchange Management

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