Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [ [maximum depth reached] ] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-trace').style.display = (document.getElementById('cakeErr67f59a614c7ad-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f59a614c7ad-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-code').style.display = (document.getElementById('cakeErr67f59a614c7ad-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-context').style.display = (document.getElementById('cakeErr67f59a614c7ad-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f59a614c7ad-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f59a614c7ad-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 57831, 'title' => 'EMI crisis creeping up on borrowers -Shayan Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-Livemint.com</p> <p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p> <p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify">&nbsp;</p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57831, 'metaTitle' => 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh', 'metaKeywords' => 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies', 'metaDesc' => '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...', 'disp' => '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57831, 'title' => 'EMI crisis creeping up on borrowers -Shayan Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-Livemint.com</p> <p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p> <p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify">&nbsp;</p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57831 $metaTitle = 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh' $metaKeywords = 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies' $metaDesc = '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...' $disp = '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh | Im4change.org</title> <meta name="description" content="-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>EMI crisis creeping up on borrowers -Shayan Ghosh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify"> </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f59a614c7ad-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-code').style.display = (document.getElementById('cakeErr67f59a614c7ad-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-context').style.display = (document.getElementById('cakeErr67f59a614c7ad-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f59a614c7ad-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f59a614c7ad-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 57831, 'title' => 'EMI crisis creeping up on borrowers -Shayan Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-Livemint.com</p> <p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p> <p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify">&nbsp;</p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57831, 'metaTitle' => 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh', 'metaKeywords' => 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies', 'metaDesc' => '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...', 'disp' => '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57831, 'title' => 'EMI crisis creeping up on borrowers -Shayan Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-Livemint.com</p> <p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p> <p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify">&nbsp;</p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57831 $metaTitle = 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh' $metaKeywords = 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies' $metaDesc = '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...' $disp = '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh | Im4change.org</title> <meta name="description" content="-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>EMI crisis creeping up on borrowers -Shayan Ghosh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify"> </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? Cake\Http\ResponseEmitter::emitStatusLine() - CORE/src/Http/ResponseEmitter.php, line 148 Cake\Http\ResponseEmitter::emit() - CORE/src/Http/ResponseEmitter.php, line 54 Cake\Http\Server::emit() - CORE/src/Http/Server.php, line 141 [main] - ROOT/webroot/index.php, line 39
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$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-trace').style.display = (document.getElementById('cakeErr67f59a614c7ad-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f59a614c7ad-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-code').style.display = (document.getElementById('cakeErr67f59a614c7ad-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f59a614c7ad-context').style.display = (document.getElementById('cakeErr67f59a614c7ad-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f59a614c7ad-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr67f59a614c7ad-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 57831, 'title' => 'EMI crisis creeping up on borrowers -Shayan Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-Livemint.com</p> <p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p> <p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify">&nbsp;</p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57831, 'metaTitle' => 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh', 'metaKeywords' => 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies', 'metaDesc' => '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...', 'disp' => '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India&rsquo;s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. 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India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. 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India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">&ldquo;It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent&rsquo;s house to recover missed payments, traumatizing them,&quot; said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify">&nbsp;</p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/emi-crisis-creeping-up-on-borrowers-shayan-ghosh.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh | Im4change.org</title> <meta name="description" content="-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>EMI crisis creeping up on borrowers -Shayan Ghosh</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify"> </p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify"> </p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 57831, 'metaTitle' => 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh', 'metaKeywords' => 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies', 'metaDesc' => '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...', 'disp' => '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify"> </p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 57831, 'title' => 'EMI crisis creeping up on borrowers -Shayan Ghosh', 'subheading' => null, 'description' => '<p style="text-align:justify">-Livemint.com</p> <p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers</em></p> <p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p> <p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p> <p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p> <p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p> <p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p> <p style="text-align:justify"> </p> ', 'credit_writer' => 'Livemint.com, 8 December, 2020, https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'emi-crisis-creeping-up-on-borrowers-shayan-ghosh', 'meta_title' => '', 'meta_keywords' => '', 'meta_description' => '', 'noindex' => (int) 1, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => null, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {}, (int) 1 => object(Cake\ORM\Entity) {}, (int) 2 => object(Cake\ORM\Entity) {}, (int) 3 => object(Cake\ORM\Entity) {}, (int) 4 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 57831 $metaTitle = 'LATEST NEWS UPDATES | EMI crisis creeping up on borrowers -Shayan Ghosh' $metaKeywords = 'Equated Monthly Installments,EMIs,Loan Default,NBFCs,Non-Banking Financial Companies' $metaDesc = '-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are...' $disp = '<p style="text-align:justify">-Livemint.com</p><p style="text-align:justify"><em>* The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers</em></p><p style="text-align:justify"><em>* With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis</em></p><p style="text-align:justify"><em>MUMBAI: </em>For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since.</p><p style="text-align:justify">“It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri.</p><p style="text-align:justify">She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest.</p><p style="text-align:justify">Please <a href="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html" title="https://www.livemint.com/industry/banking/emi-crisis-creeping-up-on-borrowers-11607439634488.html">click here</a> to read more.</p><p style="text-align:justify"> </p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'
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EMI crisis creeping up on borrowers -Shayan Ghosh |
-Livemint.com * The spike in auto-debit failures suggest that the pain may have only just begun for India’s small borrowers * With mandatory EMI repayments kicking in since September, many feel the available recast options and a waiver of compound interest are not sufficient. India may be staring at a loan crisis MUMBAI: For someone who had never defaulted on any loans before March this year, Monica Keerthi Karri gets quite harried at the mention of loan recovery agents. The 32-year-old teacher from Visakhapatnam lost her job and income when covid-19 struck and has been warding off recovery agents ever since. “It was only after March that I could not pay my equated monthly installments (EMIs) and was repeatedly harassed. So much so that some agents reached my parent’s house to recover missed payments, traumatizing them," said Karri. She is among the millions of Indians who have started defaulting on loans from banks, non-banking financial companies (NBFCs) and from app-based lenders. While the last round of bad loans was all about large corporate defaulters who were given unhindered access to bank funds, the current crisis, which is just about starting to unfold after a nervous pause due to a few months of moratorium, has hit retail borrowers the hardest. Please click here to read more.
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