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Who is a Non-Resident Indian (NRI)?
"Non Resident Indian" means a person who is a citizen of India or is a person of Indian origin residing outside India for more than 90 days for employment or carrying on business or vocation.

Who is an Overseas Corporate Body (OCB)?
Overseas Corporate Body (OCB) means a company, partnership firm, society and other corporate body owned directly or indirectly to the extent of at least 60% by NRIs and includes overseas trust in which not less than 60% beneficial interest is held by NRIs directly or indirectly but irrevocably.

What is Participatory Notes (PN) ?
Participatory notes(PN) is issued by FII-Foreign Institution Investment and or its sub accounts. This is the route by which foreign national and or company can invest in Indian Stocks.

What is an NRE A/C?
A NRE bank account is an external saving bank account opened for Non resident Indians. This is why it is known as Non-Resident External account. Since it is an external account, any monies lying in NRE account can be taken outside the country or in other words, the monies lying in NRE account are fully repatriable. This money can be converted into any foreign currency at the behest of the account holder and can be remitted outside the country.

What is Non Repatriable?
Non Repatriable : Any amount of profit/ money made by NRI of his investment which is not allowed to be converted into foreign currency or allowed to be taken abroad is called Non Repatriable.