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FAKE GOLD FOR LOAN
Borrower took a loan using 103 grams of gold jewels, bank found jewellery fake during a surprise check conducted without his consent, lender ordered to pay gold’s value plus Rs 50,000A Shimla consumer commission has ordered a lender to pay a borrower the market value of around 103 grams of pledged 22 carat gold, plus Rs ...- No obvious sector to buy? So try an unconventional way: 7 stocks from different sectors with upside potential of up to 26%So, what to do if you cannot pick a sector to buy into? Forget about themes and waves, and go looking directly for individual businesses th...
- Did Indira Gandhi ask people not to buy gold in 1967? Here's the truthA social media image claiming Indira Gandhi urged against gold purchases in 1967 is fake. The Hindu newspaper confirmed the image is digita...
- Rs 7 crore gold loan 'fraud' at bank in Maharashtra's Jalna; two heldA massive fraud of Rs 7.31 crore has been uncovered at a Canara Bank branch in Jalna, Maharashtra. Police report that ornaments from gold l...
- If Sabarimala tantri jailed, CM too should be arrested: BJPKerala BJP chief Rajeev Chandrasekhar demanded Chief Minister Pinarayi Vijayan's arrest if the Sabarimala chief priest is jailed. He accuse...
- Billionaire family turns India’s gold obsession into a fortuneIndia's Muthoot clan is experiencing a surge in wealth as their gold loan business thrives amid rising bullion prices. Consumers are levera...
- Are gold loans a safe bet or just a trap for borrowers in India?Gold loans, while seemingly secure due to high value and tangible security, demand robust operational processes and employee integrity. A r...
- Rich Dad, Poor Dad author Kiyosaki slams false prophets on YouTube, claims he saw 2025 crash coming years agoRobert Kiyosaki, the author of Rich Dad Poor Dad, predicts a global financial crisis. He blames artificial intelligence and inflation. Kiyo...
- Bank sells Bihar man's 'fake' gold even after he pays off loan; SC backs borrowerThe Supreme Court has intervened in a case from Bihar. It involves a gold loan customer and Bank of India officials. Abhishek Singh pledged...
- Crash time is now: Kiyosaki urges dumping ‘fake money’ for silver, predicts 3x surgeRobert Kiyosaki, author of the best-selling personal finance book Rich Dad Poor Dad, on Monday warned that the “biggest crash in history” c...
- ED attaches over Rs 315 cr worth assets in money laundering probe against ex Maha NCP MP, his business groupsThe Enforcement Directorate has attached assets worth over Rs 315 crore as part of a money laundering investigation into an alleged bank fr...
- Karnataka fake gold loan case: ED raids premises of Congress leader Manjunath GowdaThe Directorate of Enforcement (ED) has conducted raids on the premises of Congress leader RM Manjunath Gowda, who is also the chairman of ...
- Fake ITC: Officials arrest 25, book 350 cases in nationwide crackdown“The actual amount of fake ITCs involved is being ascertained. Searches and investigations are on to identify and apprehend other people wh...
- Gold loans are cheap and easy to get: Should you take one to tide over financial crisis?Experts are all for borrowing against gold. Other avenues like personal loans or credit cards entail huge costs that can put cash-strapped ...
- Gilt complex about Chinese goldTurning 83 tonnes of gold into copper had more to do with larceny than alchemy.
- China's biggest gold fraud, 4% of its reserves may be fake: ReportAt the centre of the fraud is Wuhan Kingold Jewelry Inc, a company founded and operated out of Wuhan.
- IPO mart runs dry of new issues, and Nirav Modi is to blame for itIndia’s $60b jewellery industry faces tighter access to credit and more stringent auditing.
- Demonetisation will have no impact because our customers are from bottom of the pyramid: VP NandkumarVP Nandkumar says, demonetisation is not going to have an impact on our business primarily because all our customers are on the bottom of t...
- CBI raids eight locations in Odisha for bank fraudCBI raided 8 places in Odisha to investigate a Rs 13 crore fraud in a regional bank where gold loans were allegedly given against imitation...
- Gold loans face rising fraudsFrauds are proving to be a headache for gold loan companies which are grappling with the problem of borrowers pledging spurious, stolen met...
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