
Lend, baby, lend: Borrowers getting younger – Times of India
MUMBAI: When HDFC began offering home loansin the late 1970s, credit was a privilege, accessed cautiously and late in life. A large downpayment was a prerequisite, and only those in their 40s, with years of savings, could typically afford to borrow.Today, credit is accessed much earlier and more casually, with a growing number of Indians…