Tag: Borrowing
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Hidden Costs of Borrowing: CA Warns About Excessive EMI Burdens
In today’s high-pressure consumer economy, it’s often not a bigger salary but smarter personal finance habits that determine who achieves real financial freedom. That is the core message tax expert CA Nitin Kaushik delivered in a new post on X (formerly Twitter), where he cautioned that Indians are increasingly losing control of their lifestyle to EMIs rather than expenses. Kaushik, known for…
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Revolutionizing Borrowing: The Impact of Embedded Finance and EMI Cards in India
India’s lower-middle class is moving from borrowing for survival toward borrowing for advancement, signalling a decisive cultural shift in credit behaviour, according to the seventh edition of Home Credit India’s annual How India Borrows (HIB) study. Representing nearly two-thirds of the population, this segment is increasingly using credit to improve living standards, invest in entrepreneurial…
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Asia Shifts to Euro Borrowing as US Financing Dominance Wanes
(Bloomberg) — Asian economies aren’t just shifting their trading ties to fight against US tariffs, they’re also increasingly moving their financing to other markets, underscoring how President Donald Trump’s policies risk eroding American dominance of capital raising. Asia Pacific borrowers increased euro‑denominated issuance to a record 23% of the total across both currencies this year,…