currency exchange Archives

NRIs Borrowing Abroad to Invest in India? Appreciate Currency Risk

July 20, 2022

It is common for Non-resident Indians (NRIs) to borrow in their country of residence to invest in India. They borrow to pay off loans in India, purchase real estate or even invest in stocks or mutual funds. Why do it? The borrowing rates may be lower in their country of residence. Say, you can borrow… Continue Reading

NRIs: 5 Things to Consider When Taking a Loan Abroad as a Replacement for Loan in India

Deepesh Raghaw

November 27, 2018

Many Indian banks offers loans to NRIs (Non-resident Indians). However, since the rate of interest for loans is higher in India as compared to personal loans abroad, it is tempting to take a personal loan abroad instead of taking a loan in India. In fact, I know borrowers who have taken a personal loan abroad to… Continue Reading

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