PLEASE TELL ME THE PROCEDURE TO TRANSFER THE SHARES HELD IN THE DEPOSITORY FROM IPO TO ANOTHER PERSON
Ramalingam K
(Founder & Director - Holistic Investment Planners (P) Limited)
(21077 Points)
Replied 19 May 2014
Since the significant announcement by the Reserve Bank of India on May 7, 2012 many NRIs have expressed interest in transferring funds from the Non-Resident Ordinary Account (NRO) to Non-Resident External Account (NRE)
https://holisticinvestment.in/blog/transfer-of-funds-from-nro-to-nre/
Regards
Ramalingam K, MBA, CFP,
Director and Chief Financial Planner,
Holistic Investment Planners
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