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    <title>NRIs/PIOs holding NRE/ FCNR(B) accounts jointly with Indian resident close relative - liberalisation.</title>
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    <description>NRIs and PIOs may open NRE and FCNR(B) accounts jointly with a resident close relative on a former-or-survivor basis, with the resident eligible to operate the account as Power of Attorney during the NRI/PIO&#039;s lifetime; authorised banks must notify account holders and regulatory amendments to deposit regulations will be issued.</description>
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      <description>NRIs and PIOs may open NRE and FCNR(B) accounts jointly with a resident close relative on a former-or-survivor basis, with the resident eligible to operate the account as Power of Attorney during the NRI/PIO&#039;s lifetime; authorised banks must notify account holders and regulatory amendments to deposit regulations will be issued.</description>
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