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Special Non-Resident Rupee Account - SNRR account

SCHEDULE 4 - Regulation - Foreign Exchange Management (Deposit) Regulations, 2016 - SCHEDULE 4 - SCHEDULE 4 [See Regulation 5(4)] 1. Any person resident outside India, having a business interest in India, may open Special Non-Resident Rupee Account ( .....

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ature of the specific business for which it is in operation. 3. The operations in the SNRR account should not result in the account holder making available foreign exchange to any person resident in India against reimbursement in rupees or in any oth .....

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are commensurate with the business operations of the account holder. 7. All the operations in the SNRR account should be in accordance with the provisions of the Act, rules and regulations made thereunder. 8. The tenure of the SNRR account should be .....

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