If you’re considering taking out a loan in the near future, it’s essential to stay informed about the recent Reserve Bank of India (RBI) guidelines for loan regulations. Effective from October 1, these changes will impact certain types of loans, particularly those in the Retail and MSME (Micro, Small & Medium Enterprises) sectors. In this …
In today’s world people have extremely easy access to personal loans, credit cards, overdrafts, home loans, car loans, and other sources of funding. Their irresponsible behavior towards money and financial indiscipline leads people into high debt and then eventually into debt traps. The debt trap has become a harsh reality and a forever struggle that …
