Tuesday, June 16, 2020

BANKING

In April and May the increase in business volumes came more from existing customers taking advantage of higher loan-to-value (LTV) due to a spike in gold prices to increase their borrowings against existing pledges. But absolute footfalls have not increased and acquisition of new customers has not picked up.

from Banking/Finance-Industry-Economic Times https://ift.tt/2UOQ3ZI
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