If you are an NRI, you may be able to get a loan at a very low rate of interest in your country of residence? If you have such an option, you may feel tempted to take a low cost loan and invest in India. For instance, let’s say you can borrow at 3% p.a. abroad and invest in India in NRE fixed deposits at 7.5% p.a. Looks a very good deal, isn’t it? Alternatively, if you … [Read more...] about NRI Corner: Plan to take a loan abroad to invest or replace a loan in India?