India’s Gold Lust
  • Gaurav Sarkar
  • Jul 16 2013

In our continuing coverage on India’s gold lust - we've exposed the rampant nexus between gold hungry consumers and jewelers who have had no hesitation in breaking nearly every rule in RBI’s book. With banks and NBFC’s toeing the government's line on loans against gold, some jewelers have sniffed an opportunity and jumped in to give loans, yet again contravening the RBI’s rules in this regard. Our special investigation team goes under cover to expose this racket.