Thread: Peer To Peer Lending

Originally Posted by sachin410

a 10% return may not be attractive for some.

e.g. In India, banks offers 8%+ on fixed deposits and many companies offer 10%-12% annual returns on fixed deposits.

That's a good return. What's the exchange rate on the Rupee?

Originally Posted by bogart

That's a good return. What's the exchange rate on the Rupee?

USDINR=X: Summary for USD to INR - Yahoo! Finance India - Share Prices, Charts, News and more

$1 = Rs 48.83.

but I am not sure if foreign retail investment is allowed in Indian markets or not.

Originally Posted by sachin410

USDINR=X: Summary for USD to INR - Yahoo! Finance India - Share Prices, Charts, News and more

$1 = Rs 48.83.

but I am not sure if foreign retail investment is allowed in Indian markets or not.

Rs 48.83 is a good rate. It was down to Rs 39 not too long ago.