An official from City Union Bank said “With the gold price skyrocketing, we see our customers rushing to close their existing gold loans, by which they could borrow at higher against the same gold (jewellery). After deducting the interest, customers will get Rs 5,000 more for every one sovereign of gold (8 gram).”
from Personal Finance News-Wealth-Economic Times https://ift.tt/330km4i
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