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COVID-19 cases rise: Gold lenders concerned, increase collateral and tenure on loans © Smriti Chaudhary COVID-19 cases rise: Gold lenders concerned, increase collateral and tenure on loans Gold lenders are cutting tenures and seeking more collateral as the fear of defaults grips due to a fall in prices of the precious metal, amid rising infections in the country. Gold lenders have seen a growth in lending in the past year amid lockdowns as small businesses struggle to survive, Bloomberg said in a report, adding that market leader Muthoot Finance saw an increase in lending by 25 percent. Reportedly, the company holds more gold than the official reserves of Sweden and Singapore.

Mathew muthoottuGeorge muthoot alexanderWorld gold council indiaSmriti chaudharyMuthoot financeMuthoot alexanderMuthoottu mini financiersமேத்யூ முதூத்டுஜார்ஜ் முத்ூட் அலெக்சாண்டர்உலகம் தங்கம் சபை இந்தியாஸ்மிருதி ச ud த்ரிமுத்ூட் நிதிமுத்ூட் அலெக்சாண்டர்முதூத்டு மினி நிதியாளர்கள்