Poor CIBIL scorers to get HOME LOAN with GOVT GUARENTEE?? "COURTESY MODIJI"!!

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Theranos

According to reports Govt is considering giving guarantee for POOR CIBIL scorers so that they can get a home loan from a bank & even considering the same for no credit score people so that they can revive REAL ESTATE sector
https://m.economictimes.com/industry/services/p...

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What’s The Logic Behind This ?
Can Someone Throw Some Light On This News ?

Pro Entertainer Pro Entertainer
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Logic is that everyone can turn a Mallaya in his own sphere… wink toungueout

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they also considered putting GPS in currency, but we all know, that never came through 👍
they promise a lot but fulfill nothing

dont believe, unless they actually do it

ps: i have no intention to involve any politician here, with that video I just want to show how rumours are spread

Deal Cadet Deal Cadet
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Old man …

Deal Lieutenant Deal Lieutenant
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That means now people won’t return money to banks. As already their CIBIL score is poor that means they haven’t repaid their earlier loan. What is the guarantee that they would pay the new one.

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What’s The Logic Behind This ?
Can Someone Throw Some Light On This News ?

Pro Entertainer Pro Entertainer
Link Copied

Logic is that everyone can turn a Mallaya in his own sphere… wink toungueout

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Deal Subedar Deal Subedar
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Are we preparing grounds for Indian Sub-Prime crisis?

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