【India】RBI’s New Gold Loan Rules to Benefit Borrowers! Business Models May See Changes
Editor’s NoteNew RBI guidelines are poised to reshape India’s gold loan sector, favoring lenders that can quickly adapt. As S&P Global Ratings notes,…
Manappuram Finance
【New Delhi, I】RBI Switches to Action Mode as Gold Prices Fall, Tension Rises for Gold Loan Companies, Every Coin Under Scrutiny!
Editor’s NoteThe Reserve Bank of India is intensifying oversight of gold-backed loans due to a significant drop in gold prices, a move that places…
【Gwalior, Mad】Gold Scandal in Manappuram: ‘Real’ Gold Worth 4.50 Crore of 26 Customers Replaced with ‘Fake’, Packet Spills the ‘Secret’
Editor’s NoteThis article reports on a serious breach of trust in Gwalior, where customers’ gold held in a finance company’s lockers was allegedly…
【Dabra, Madhy】4.5 Crore Scam in Manappuram Finance: Real Gold of 26 Customers Replaced with Fake at Dabra Branch, Revealed in Audit
Editor’s NoteThis article reports on a significant alleged fraud at a non-banking financial company, where customer gold was reportedly swapped with…