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Lenders usually sanction a loan amount not more than 75% of the pledged gold’s current market value. High accessibility of loan collateral, usually lower interest rates than secured financing facilities like personal loans, possibility of quick and hassle-free loan disbursal, and lesser reliance on the borrower’s credit score make gold loans one of the most
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The recovery could be led by financials once again this time, followed by materials. (Image: REUTERS) Wall Street listed companies are set to bounce back strongly after the sharp 14.7% fall in earnings reported in the first quarter of 2020. Analysts at Wells Fargo estimate that S&P 500 earnings for the January-March quarter of 2021
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