The Reserve Bank of India’s draft guidelines for foreclosure on home loans, loans against property, and SMEs could boost competition among lenders and affect profitability. The new rules aim to increase borrower flexibility by waiving pre-payment penalties and foreclosure charges, impacting non-bank lenders and housing finance firms.
‘Fewer women now doing unpaid domestic work’: First Time Use Survey reveals how India’s workforce dynamics have shifted
A 2024 government survey reveals increased employment participation among 15-59 year-olds, with 75% of males and 25% of females engaged in work. Female involvement in