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of <h1>Non-Resident Indians Can Open Multiple Deposit Accounts with Authorized Dealers Under Specific Regulatory Schemes and Conditions</h1> Authorized dealers in India can accept deposits from non-resident Indians through specific account schemes: Non-Resident (External) Account, Foreign Currency (Non-Resident) Account, and Non-Resident (Ordinary) Account. Regional Rural Banks can also accept certain deposits. Persons resident outside India with business interests in India may open a Special Non-Resident Rupee Account. Resident and non-resident acquirers can open escrow accounts with authorized dealers, subject to prescribed conditions by the Reserve Bank.
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