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The Hidden Cost of Keeping Too Much Money in NRE and NRO Accounts‼️
"I have about forty lakhs sitting in my NRO account. It has been there for almost two years. I just never got around to doing anything with it. Is that okay?" This is more common than most NRIs realise. Money parked in an NRE or NRO account feels safe. It is in a bank. It is in India. It is accessible. And so it just... sits there. Month after month, sometimes year after year. What most NRIs do not realise is that doing nothing is itself a financial decision - and often not a

CA Bhavesh Panpaliya
1 day ago7 min read
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