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GOLD LOAN THEFT
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...- EU's Russian asset grab is daylight 'robbery', alleges PutinPutin responded to 77 questions during the combined Direct Line Q&A session and year-end press conference, fielded both from journalists an...
- 32-year-old Canara Bank manager pulls off a ‘perfect’ Rs 1.6 crore heist from his own branch, but his scooter spoils everythingA bank assistant manager in Bhandara staged a robbery at his own branch to clear off his mounting debt. He stole Rs 1.58 crore to settle mo...
- 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...
- Gold gave higher returns than Nifty: Zerodha's Nithin Kamath joins gold vs equity debateGold has outperformed the Nifty 50 since 2000, according to Zerodha CEO Nithin Kamath. With the government halting Sovereign Gold Bonds (SG...
- 'Money Heist': How six men learned bank robbery from TV shows and YouTube to loot 17.7 kg gold from SBI after loan rejectionKarnataka police apprehended a six-member gang involved in a major SBI bank robbery in Davangere, recovering 17.7 kg of stolen gold from Ta...
- A complete guide to exploring the latest gold rate for buyers and investorGold continues to be a popular investment in Punjab, with rates influenced by global demand, currency fluctuations, and local factors. Baja...
- 30 kg gold robbed from gold loan company in SambalpurAround 30 kg of gold and over Rs 4 lakh in cash were allegedly stolen at gunpoint from a gold loan company's branch in Odisha's Sambalpur c...
- Caught on CCTV: Pune couple robbed of gold jewelry worth Rs 4.9 lakh as they stop to eat vada pavA couple in Pune experienced a daylight theft as a man stole gold jewelry worth ₹4.9 lakh while they enjoyed a vada pav. The theft, capture...
- Learn with ETMarkets: How to unlock benefits of sovereign gold bonds?Adding gold to the investment portfolio serves various benefits, such as diversification, storing of value, and hedging against inflation.
- Are Gold ETFs right for you?Reasons why gold ETFs would be great fund for you
- Muthoot MD shines a light on how gold loan business works, with Covid as a backdropWe do not give finance on gold bars, coins, bullions etc. We only give loans against household ornaments. Ornaments also have a 15% to 20% ...
- Muthoot Finance, Bajaj Allianz General Insurance tie up to provide insurance on gold jewelleryThe policy provides insurance coverage of gold jewellery for individuals. This is designed to provide insurance coverage of gold jewellery ...
- Should you buy gold online this Akshaya Tritiya amid Covid-19 lockdown?Gold tends to do well in periods of financial volatility when other assets are losing value because of economic uncertainty. Gold prices go...
- Should you buy Physical Gold, Gold ETFs or Sovereign Gold Bond this festive season?Unlike other forms of gold, physical gold is one of the few assets which can be kept private and confidential. Here is a closer look at Phy...
- Fifth tranche of Sovereign Gold Bond expected to cross Rs 820 croreThese numbers are likely to go-up further as the receiving offices are still in the process of uploading information of huge rush of applic...
- Gold Bond Scheme's 4th tranche opens todaySGB gives an interest of 2.75 per cent per annum, payable every six months on initial investment minus the risk of theft/loss or impurities...
- Why monetising gold is a win-win situation for allInstead of investing in physical gold that carries the hassles of safety and purity, investing in ETFs or SGBs is smarter.
- Here's how frauds can be fatal for Indian companies!A survey conducted among 51 senior executives across industries suggested that a majority of 71 per cent respondents have seen increased ex...
- God’s own glitter: Kerala takes fancy to diamondsDiamonds are fast catching the fancy of Keralites if rising demand is any indication.
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