Loan limitations refer to restrictions on the amount of money that can be borrowed. These limits can vary by institution and type of loan. They aim to prevent excessive borrowing and ensure financial stability. In India, loan limitations are influenced by regulatory frameworks. They also reflect economic conditions and borrower creditworthiness. Understanding these limitations is crucial for responsible financial planning.
The Delhi government is currently facing scrutiny regarding the Mukhya Mantri Mahila Samman Rashi Yojna (MMMSY). This initiative promises monthly payouts of Rs 1,000 to women. However, the...