Acceptance of deposits by an authorised dealer/ authorised bank from persons resident outside India

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..... may accept deposit i) under the Non-Resident (External) Account Scheme (NRE account), specified in Schedule 1, from a nonresident Indian; ii) under the Foreign Currency (Non-Resident) Account Banks Scheme, (FCNR(B) account), specified in Schedule 2, from a non-resident Indian; iii) under the Non-Resident (Ordinary) Account Scheme, (NRO account), specified in .....

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..... pen, hold and maintain with an authorised dealer in India, a Special Non-Resident Rupee Account (SNRR account), specified in Schedule 4. 5) Resident or non-resident acquirers may, subject to the terms and conditions specified in Schedule 5, open, hold and maintain Escrow Account with Authorised Dealers in India - - statute, statutory provisions legislation, law, enactment, Acts, Rules, .....

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