In an exclusive interview with the Economic Times, Albinder Dhindsa, founder and CEO of India’s largest quick commerce firm, Blinkit, stated that it is a misconception to believe that its heavily loss-making rivals will achieve profitability simply because the Gurgaon-based company has managed to do so.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders