RiskManagement
- Lifestyle
How Much is a Bar of Gold?
Understanding the Weight and Purity of Gold Bars Gold bars are typically sold by weight, with popular sizes ranging from 1 gram to 1 kilogram. The weight of the gold bar determines its price, as well as the premiums charged by dealers and sellers. In addition to weight, the purity of the gold bar is also an important factor to…
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The Tragic Demise of PNB: Uncovering the Story
The Fraudulent Scandal: Unraveling the Mystery In early 2018, the Punjab National Bank (PNB), India’s second-largest state-owned bank, shocked the world with one of the biggest banking frauds in Indian history. The scandal involved fraudulent letters of undertaking (LoUs) issued by rogue PNB employees to diamond merchant Nirav Modi and his associates, enabling them to obtain loans from other banks…
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