November 12, 2026
Business

Gold loan jewellery stolen from bank? Consumer court ruling explains your compensation rights(Soban News)

A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay ₹88,362 with 9% interest, plus compensation.

​A Karnataka consumer commission has ruled that if gold jewellery pledged for a loan is stolen from a bank, the lender must compensate for the gold value, making charges and stone value. Canara Bank was ordered to pay ₹88,362 with 9% interest, plus compensation. by Soban News (international And National News)

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