Indians Pawning the Family Gold Amid Credit Crunch, Gold Loans Rise 6.6 Percent in Last Four Months

While pawning gold has long been an option for quick funds in India, several lenders told of unprecedented demand as people struggle to secure loans from banks grappling with bad debt and a shadow lending industry stung by a liquidity crunch.

from Top Business News- News18.com https://ift.tt/2Znjzot

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