Ceiling on Desires

RBI now against 0% EMIs for consumer goods, banks withdraw finance schemes; festive sales likely to be hit – The Economic Times

This may not be appreciated by banks/card-issuers and consumer durable manufacturers. Many who favour market-driven policies & procedures also may criticize, including some customers. But perhaps it is in the larger interest, for example, transparency. 0% is never free, just as ‘there is no free lunch’ ! And, do we really want free? We want […]

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