Thursday, July 23, 2020

BANKING

As unsecured loans dried up post-lockdown and during the moratorium, borrowers have moved to gold loans; local gold prices have hit a record high, surpassing the psychological market ceiling of Rs 50,000 per 10 gram. Even some banks are preferring gold as collateral in sanctioning even working capital loans.

from Banking/Finance-Industry-Economic Times https://ift.tt/3fV8Drz
via IFTTT

No comments:

Post a Comment