Ads

Thursday, August 22, 2019

Indians pawning family gold amid credit crunch

While pawning gold has long been an option for quick funds in a country that is the world’s second-biggest consumer of the yellow metal, several lenders told Reuters of unprecedented demand as people struggle to secure loans from banks grappling with bad debt and a shadow lending industry stung by a liquidity crunch.

from Times of India https://ift.tt/2KLB6Tm

No comments:

Post a Comment

BJP’s Rajya Sabha strength falls below 100; may rise soon

A month after touching the mark of 100 seats for the first time in Rajya Sabha, BJP’s numerical strength has come down to 95 as five of its ...