u/Gimme_Doi

The Reserve Bank of India has proposed allowing lenders to disable certain functions of a mobile phone in cases where borrowers default on loans taken to finance the device, as part of a broader overhaul of recovery practices and borrower protection norms.

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This is unbelievable.
By the looks of it INR will touch hundred by this sunday.
how effed are we , seriously ?

Massive Inr depreciation: INR now at 97.07

The incredible courage or desperation needed to do something like this is insane. Absolutely terrifying