
Sign up to save your podcasts
Or
Lenders are flouting every rule in their books to cater to the rising gold-loan demand.
Thanks to the collusion between lenders and borrowers at some of the branches, one in ten gold loans every month is sanctioned through malpractices—like tweaking weight and misreporting purity of gold, said two industry executives.
In this episode, we delve into the murky world of gold loans and what often goes wrong when borrowers seek them out.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Want to be part of the Daybreak community? Introduce yourself here.
5
99 ratings
Lenders are flouting every rule in their books to cater to the rising gold-loan demand.
Thanks to the collusion between lenders and borrowers at some of the branches, one in ten gold loans every month is sanctioned through malpractices—like tweaking weight and misreporting purity of gold, said two industry executives.
In this episode, we delve into the murky world of gold loans and what often goes wrong when borrowers seek them out.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Want to be part of the Daybreak community? Introduce yourself here.
155 Listeners
13 Listeners
56 Listeners
59 Listeners
86 Listeners
97 Listeners
45 Listeners
27 Listeners
4 Listeners
9 Listeners
15 Listeners
12 Listeners
87 Listeners
8 Listeners
84 Listeners
0 Listeners
12 Listeners
4 Listeners
0 Listeners
0 Listeners
0 Listeners