Once again, households that are in need of cash are finding that the gold loan companies are worth their weight in gold. A peek into the economic history unequivocally reveals that lenders who provide credit against the yellow metal have always provided money to households on time and without too many hassles whenever the credit gets dearer or dries up from other sources. The recent uptick in the volume of gold loans being availed by the households once again underscores this point.
To put it in perspective, credit markets are in a fluid state after major central banks made it clear that the `higher-for-longer’ rate corridor will remain open for an extended period as they believe the inflation fight is a glass half full and there are miles to go before the current rate hiking cycle reverses its course.
This story is from the November - December 2023 edition of UNIQUE TIMES.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November - December 2023 edition of UNIQUE TIMES.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Abdul Gafoor: A Luminant Odyssey
In today’s competitive market landscape, brands call the shots and business houses do not leave a stone unturned in their efforts to push their brands to stay ahead in the race.
Advocate AP Vasavan: Justice Meets Humanity
Among the rare class of legal professionals who place humanity, justice and honesty on an equal footing along with law, Advocate AP Vasavan of the High Court of Kerala deserves special mention.
How is Cholesterol Related to Increasing Risk of Stroke?
Cholesterol is a waxy substance that contributes to the buildup of deposits, known as plaques, within blood vessels.
Oppression And Mismanagement In Indian Corporate Law Jurisprudence A Few Aspects
The Companies Act, 2013 (“the Act”), was enacted with the primary objective of ensuring transparency, accountability, and protection of stakeholders' interests, incorporates provisions addressing oppression and mismanagement within companies.
Vit-B12: The Missing Piece in Your Health Puzzle
B12 deficiency is one of the most common nutrient deficiencies among Indians.
Two Monologues Do Not Make a Dialogue!
“The single biggest problem in communication is the illusion that it has taken place.”
Toenail Fungus, Beware: Household Hacks for Healthy, Happy Feet!
Toenail fungus, also known as onychomycosis, is a condition that can make your nails look unsightly and cause discomfort.
Tulum Tales: Unveiling the Mystique of Mexico's Coastal Gem
Tucked away on the Yucatán Peninsula's eastern shore, Tulum is a hidden gem that epitomises peace and unspoiled beauty.
Porsche Taycan Cross Turismo
On the face of it, I shouldn’t like this car. Porsche makes some of the best engines in the world and this one hasn’t even got one.
On Managing Leadership Transitions - Navigating the Winds of Change
Leadership transitions are pivotal moments for any organization, marking periods of both opportunity and uncertainty.