Legal Question in Banking Law in India
person is Overseas citizen. He is not PIO (person of indian origin) also. Can he open resident savings bank account in india
Asked on 2/23/12, 12:47 am
3 Answers from Attorneys
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
No, he cannot do so without following RBI guidelines and citizens of certain countries are totally barred from opening an account in India.
Answered on 2/23/12, 12:52 am
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