Inflation in Corona times: Gold loan rate jumps up to 82%

  • 3 years ago
According to a report, people who ran their expenses by mortgaging the gold during the Corona period, have not been able to take payback the debt and take back their golden ornaments. The gold of the common man started to sell in the market by lenders. RBI data says that there has been a jump of up to 82% in the rate of the gold loan in a year till March 2021 as compared to March 2020. Watch this report to know more.