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Podcast: Anuj Bharadwaj
Episode: Ep 9:Insurance Against Retail Loans – Who Truly Benefits?
Description: Loan insurance is often presented as a safeguard, but is it more advantageous for banks and NBFCs than for customers? In this episode, we take a closer look at the role of insurance in retail loans, exploring how it protects lenders while adding costs for borrowers.
We’ll discuss the mechanics of loan insurance, its impact on loan terms, and whether it’s genuinely necessary for customers. With insights into how banks and NBFCs use it to mitigate risks, you’ll gain a clear understanding of who truly benefits from this financial product.
If you’ve ever...