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Non-Resident Ordinary (NRO) Rupee Account can be opened and maintained by an NRI, PIO or Foreign National with an Authorised Dealer for the purpose of putting through bona fide transactions denominated in Indian Rupees not involving any violation of the provisions of FEMA, rules and Regulations made there under. An NRI means a person resident outside India who is a citizen of India or a Person of Indian Origin (PIO).