The Reserve Bank of India (RBI) has issued a circular expressing significant concerns regarding the practices surrounding gold loans provided through partnerships with fintech companies and business correspondents
Read MoreThe lower input costs resulting from reduced gold prices will balance out the additional working capital requirements
Read MoreWhile the fixed deposits (FDs) have given a return of around 7 per cent in the last year and gold returns have also surged to 17 per cent in FY24
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