Glossary Terms

03

Dec'17

Alternative Investment Funds

Alternative Investment Funds (AIFs) are a created class of pooled-in investment vehicles for real estate, private equity and hedge funds …

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03

Dec'17

Foreign Currency Non-Resident (Bank) Account – FCNR (B) Account

This is an account that can be started by NRIs in Indian banks. ● NRIs are eligible to open and …

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03

Dec'17

Non-Resident (External) Rupee Account (NRE Account)

The NRE Account is an account that can be started by NRIs in Indian banks. NRE account may be in …

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03

Dec'17

Non-Resident Ordinary Rupee Account (NRO Account)

This is an account that can be started by an NRI in Indian banks. Any person resident outside India may …

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03

Dec'17

NRI Accounts

Different types of accounts which can be maintained by an NRI/PIO in India If a person is NRI or PIO, she/ …

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03

Dec'17

Depository

A depository is an organisation which holds securities (like shares, debentures, bonds, government securities, mutual fund units etc.) of investors …

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03

Dec'17

Depository Participant

A Depository Participant (DP) is an agent of the depository. It is through this agent that the depository interfaces with …

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03

Dec'17

Dematerialisation

dematerialization is the practice of keeping and delivering share certificates to investors in electronic forms rather than in the physical …

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03

Dec'17

Demat account

Demat account is the account that should be started by an investor to buy or sell shares in the stock …

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03

Dec'17

Overseas Corporate Body (OCB)

Overseas Corporate Body (OCB) means a company, partnership firm, society and other corporate body owned directly or indirectly to the …

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