{"podcast":{"title":"Daybreak","slug":"daybreak-5886514","podcast_index_feed_id":5886514,"rss_url":"https://feeds.transistor.fm/daybreak-3e66db67-ddb3-4cd3-9ba9-460bd586dcbb","website_url":"https://the-ken.com/podcasts/daybreak/","image_url":"https://img.transistorcdn.com/Rt-MphGW4guEnb5R-2LjdE-AT6d9TYlATK0FInBEFEo/rs:fill:0:0:1/w:1400/h:1400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS85ODhl/ZWM4NmEwZTcxZjZk/MDRlYjAzNTNkMjJi/ZGQ2YS5wbmc.jpg","author":"The Ken","episode_count":839,"summary":"Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful. Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.","last_synced_at":"2026-09-23T20:18:41.055736+00:00","page_url":"https://stenobird.com/podcast/daybreak-5886514"},"episode":{"title":"$15 billion in security deposits: India's tenants are their landlords' cheapest lenders","slug":"15-billion-in-security-deposits-india-s-tenants-are-their-landlords-cheapest-lenders","published_at":"2026-07-16T20:30:00+00:00","page_url":"https://stenobird.com/podcast/daybreak-5886514/15-billion-in-security-deposits-india-s-tenants-are-their-landlords-cheapest-lenders","show_page_url":"https://stenobird.com/podcast/daybreak-5886514","url":"https://share.transistor.fm/s/1ccedd64","audio_url":"https://media.transistor.fm/1ccedd64/fbc3677a.mp3","summary":"Tenants across India's six biggest metros have handed landlords Rs 1.26 trillion in security deposits, a new NoBroker study estimates. Around $15 billion of tenant money, refundable in name, sits in landlords' accounts earning interest for people it does not belong to. In this episode, host Snigdha Sharma ask what a deposit actually costs a renter, and arrives at a number: nearly a month's rent, every year. The same tenant who pays 2 months' deposit in Mumbai is asked for 10 in Bengaluru, and in Delhi NCR, about 4 in 10 never got their full deposit back. Renting was meant to be a phase. But with home ownership drifting out of reach, tenants may be extending this loan for decades. Tune in. Recommendations: It sucks to be a tenant in Bengaluru right now *Take The Ken's audit here Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.","meta_description":"Tenants across India's six biggest metros have handed landlords Rs 1.26 trillion in security deposits, a new NoBroker study estimates. Around $15 billion…","key_points":[],"chapters":[],"topics":[],"duration_seconds":692,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/daybreak-5886514/episodes/15-billion-in-security-deposits-india-s-tenants-are-their-landlords-cheapest-lenders/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/daybreak-5886514/15-billion-in-security-deposits-india-s-tenants-are-their-landlords-cheapest-lenders.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}