Housing Loans

The primary reason being that traditional HFCs are not able to determine the loan repayment capability of the self-employed, as this category of loan seekers have low credit penetration.

That headline must have surprised you, especially because it is a known factor that India Inc. is shelling out much fatter pay packages than it did 10 years back. Infact, even a salary 20k p.m for a middle class is considered to be below…