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| Definition | : | Non-Resident Ordinary |
| Category | : | Business » Banking |
| Country/ Region |
: | India
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Initialism
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Non-Resident Ordinary (NRO) is a bank account meant for a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) that allows to maintain and manage their income earned in India such as rent, dividends, pension etc. Any NRI can open an NRO account. Funds originating from India can only be deposited in an NRO account. NRO account is taxable.
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National Reconnaissance Office
Departments & Agencies
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National Review Online
Journals & Publications
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Nobeyama Radio Observatory
Astronomy & Space Science
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Number Resource Organization
Technological Organizations
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National Reconciliation Ordinance
Law & Legal
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National Repertory Orchestra
Musical groups
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The full form of NRO is Non-Resident Ordinary