As demand shoots up, banks strengthen gold loan muscle

Indian Bank has identified 725 branches as Gold Shoppe branches with dedicated staff and enhanced customer service facilities. The bank has added 982 empanelled appraisers in the past six months, taking the total to 3,538. CHENNAI/MUMBAI: Banks are strengthening branch-level gold loan capabilities by adding appraisers, investing in testing equipment and digitising processing as demand…

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Spooked by CAS, retail traders call for boycott

“One day trading boycott against regulations and rising taxes impacting retail traders,” said another post with over 15,000 followers. MUMBAI: Day traders have started an online campaign to boycott trading for a day in the stock market on Aug 12, in protest against the recently introduced Closing Auction Session (CAS). They feel the new system…

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