Rush for Gold Loans Seen as Indians Seek Refuge on Slowdown
A gold ring sits atop a weighing scale. (Photographer: Anindito Mukherjee/Bloomberg)

Rush for Gold Loans Seen as Indians Seek Refuge on Slowdown

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(Bloomberg) -- Indians may borrow more against their stash of gold as the world’s biggest lockdown raises financial stress in an economy that’s set for its first contraction in four decades.