Manager conspired to loot bank by scamming millions in gold loans; arrested with accomplice
In a shocking case from Jhunjhunu district, Rajasthan, the suspended branch manager of Punjab National Bank and his accomplice were arrested for embezzling millions through fake gold loan accounts.
Onions, Tomatoes, and Now Gold and Silver... RBI Has Made This Big Decision
The Reserve Bank of India, during its MPC meeting, kept the repo rate unchanged, increased MSME loan limits to 2 million rupees, and included gold and silver in its inflation monitoring framework alongside traditionally monitored items like onions and tomatoes.
The powerful family that turned the obsession with gold into a $13 billion fortune
The Muthoot family in India has transformed their obsession with gold into a massive $13 billion fortune through their leading gold loan company, Muthoot Finance, which is benefiting from soaring gold prices and high demand in India.