Banks might tighten loans to jewellery sectorWith the Winsome group (erstwhile Su-Raj Diamonds) defaulting on its loan, gems and jewellery companies might face hurdles in securing loans, as banks might now seek more collateral, as well as higher margins. Senior bankers said the loan-to-value ... Smart Investor, 1 week ago
Lenders tighten screws on Jewellery industry after Winsome group defaults
- Smart Investor, 1 week ago
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No need to get aggressive on goldIndians love gold. We love to wear gold jewellery. We love the fact that we can borrow money using gold as a security. We also love the fact that returns from gold can beat inflation, which very few financial instruments in India can. So, when the ... Smart Investor, 1 week ago
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