Which are the designated banks in India to open a PIS account?

NRI can open NRE or NRO bank account and get a PIS letter from RBI designated bank branches in India. All popular Indian banks offer NRI PIS account opening. Here is a list of Banks to open a PIS account;

• HDFC Bank
• Axis Bank
• Yes Bank
• IndusInd Bank
• Kotak Bank
• IDFC First Bank
• ICICI Bank
• South Indian Bank
• SBI Bank
• Federal Bank
• Bank of Baroda