I am from India and I have recently moved to UAE for full time job here. In order to invest my savings in Indian instruments, I am required to open NRE/NRO account. However, I also have a active current account in India for which I file GST return regularly.

My CA has suggested that it is fine legally. My Bank is recommending to close the current account which I can't at this point. Is it legal to open NRE account in this case?

Would anyone suggest a solution on this please?

Thank you advance.



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