Photo: The Hindu Business
Business & Finance
No-cost EMI: a loan that is portrayed as free
TL;DR
- A ₹60,000 phone, 6 easy instalments of ₹10,000, no interest. It feels as if the shopkeeper has done you a favour. He has not. Nobody lends money for free and nobody sells at a loss. Someone pays.
Short summary
Our full write-up is on its way. For the complete story, read the original report:
Nov 2, 2026 · Updated 11/2/2026, 11:15:34 AM · Reported with: The Hindu Business
Sources (1)
NRI Bytes writes its own articles from the reporting below.
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