NRI SAVINGS AND NRI PIS

hello sir,
i want to know,NRI opened account in india AS NRI PIS account for trading in stock market then , NRI savings account should be maintaind or both the accounts are same??
Replies (4)
Quick Summary
This discussion clarifies the banking needs for Non-Resident Indians (NRIs) looking to trade in the Indian stock market. It addresses whether a separate NRI savings account is necessary when a PIS (Portfolio Investment Scheme) account is opened. The consensus is that an NRE (Non-Resident External) account can often serve the purpose, negating the need for a distinct NRI savings account.

Haven't come across nri savings account. pis account must do the job.
Nri opened axcount
Unable to understand the query , also in case of NRI, NRE account must be openend
No nri savings account required. A nre account can also solve the problem.

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