Karnataka consumer panel says gold-loan bank can’t cap stolen-jewelry赔偿
A Karnataka consumer commission ruled a bank cannot limit compensation to the net gold value if pledged gold jewellery is stolen while in the bank’s custody. The lender must also cover making charges and the value of stones.
New Delhi, Sept.
2 -- A Karnataka consumer commission has ruled that a bank cannot limit compensation to the net gold value when jewellery pledged as security for a gold loan is stolen while in the bank's custody.
The lender must also account for making charges and the value of stones in the jewell…