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Monday, February 27, 2023

PNB buries ghost of 2018 to fund lab diamonds

Under the new policy that was finalised a few weeks ago, the public-sector bank would give working capital as well as term loans to manufacturers of lab-grown stones against 100% collateral security and high internal rating of the borrower, said a person familiar with the bank's internal circular.

from Banking/Finance-Industry-Economic Times https://ift.tt/Ra6Hl1k

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