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Gold pledged for loan stolen in bank robbery: Borrower gets gold value plus Rs 88,362 for making charges and stones, Rs 40,000 compensation – how he won the case
The jewellery remained in the custody of the bank branch but was subsequently robbed, according to the bank’s submission. (Image for representative purpose only) Imagine this case: You have taken a loan against your gold. That gold is lying with the bank. Then in a bank robbery the gold is stolen. Who is responsible for...
Zimbabwe survive huge Namibia scare, clinch five-run win in final-over thriller | Cricket News
Zimbabwe players (Pic credit: ICC) Zimbabwe survived a stunning late fightback from Namibia to pull off a thrilling five-run victory in Windhoek, recovering from a precarious 101/6 to post 195/6 before holding their nerve in a dramatic final over.Namibia, who had opened the tri-series with an impressive win over South Africa, looked out of the...
Liquidity in the economy: What it means, how RBI manages it and why it matters
Competitive Exam explainers | Indian economy Liquidity is one of the most important but often misunderstood concepts in monetary policy. In simple terms, it refers to the availability of money and funds in the financial system that can be used for transactions, lending and investment. When liquidity is abundant, banks generally have easier access to...
