Even large Indian jeweller chains like Kalyan and Tanishq are offering customers cash for their old gold, even as RBI data shows an upswell in gold loans. Does this reflect financial distress—or an attitudinal shift that could work in favour of the economy?
Indians are turning in their gold for cash and loans—but this may not be a sign of household distress
By mint • Published 1 hours ago
Source: mint
About the Author: mint
mint is a senior correspondent for Dhallo News, specializing in business and investigative journalism. Their work has been syndicated globally. Reach them via telegraph at mint@dhallonews.local.
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