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?
Esta historia es de la edición June 2024 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición June 2024 de Banking Frontiers.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Key Russian central bank official leaves
The First Deputy Governor of Bank of Russia Olga Skorobogatova is leaving the central bank in early December.
Better prospects for Swiss banking in 2024, says new study
The year could see revitalization of the banking to some extent, finds the study by Swiss Bankers Association:
Ease of use, personalization & consistent engagement promotes digital loyalty
Murari Lal, Head - Digital Initiatives, Shivalik Small Finance Bank, delves into platforms, loyalty and Al:
From Feet on Street to Fingers on Screen
Nippon India Mutual Fund is driving into newer customer segments by leveraging voice and vernacular as the drivers, reveals the company's Chief Digital Officer Arpanarghya Saha:
Digitization embraces the senior citizens
Among other projects, Shriram Capital completely transformed the 2-wheeler loan origination system, reveals the company's Chief Digital Officer Ajay Thomas:
Making of the most connected bank in Bangladesh
A stream of digital initiatives is transforming Mutual Trust Bank and its customer engagement, reveals Khalid Hossin, who heads the bank's digital banking division:
Digital embraces Archaeological Tourism
Chief Digital Officers are leading tremendous transformation initiatives. Five CDOs reveal their fascinating journey and their ambitious goals:
Tech will bridge Advisory and Education
Venkatesh Naidu, CEO, Bajaj Capital Insurance Broking:
AI bridges Protection and Prevention
Gyanendra Singh, Chief Technology Officer, Aviva India:
Bridging Products & Distribution for Rural Markets
Vikas Mittal, Deputy CEO, and Amit Thapliyal, Chief Technology Officer, Magma HDI General Insurance:
