Sunday, 18 January 2015

Indian banks begin cutting credit over default fears



ABN Amro, Standard Chartered, State Bank of India and IDBI Bank continue to reduce credit levels to jewellery companies.

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India Hikes Gold Tariff from 6% to 15%

  India has more than doubled tariffs on gold and silver – up from 6% to 15% – in a move aimed at easing pressure on its foreign exchange re...