Ravi Lalwani: What mechanisms do you deploy to verify gold purity?
Partha Sengupta: At Radian Finserv, authenticity is our hallmark. We utilize traditional methods, such as stone, chemical, and saltwater tests, to ensure the purity and karat age of every ounce of gold. Our commitment to excellence is defined by time-honored craftsmanship.
How do you safeguard against stolen gold being used as collateral?
Protecting our customers and our integrity is important. We go beyond paperwork by conducting home visits to assess living standards and gold quality. We scrutinize the stability of residences and meticulously verify the origin of gold through documents. Our proactive approach safeguards against any potential risks.
What is the income profile of the most common borrowers?
Our borrowers are the backbone of the economy, including middle-class individuals with incomes under `5 lakh, traders, micro-enterprises, and street vendors. Their resilience and ambition drive us to provide tailored financing.
What seasonal variations does the gold loan business witness?
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Esta historia es de la edición June 2024 de Banking Frontiers.
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