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Vodafone Idea banks on part payment and prayer to stay alive

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Rasiklal Sankalchand Jewellers

Jan 18, 2020, 09.51 AM IST

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RASIKLAL SANKALCHAND JEWELLERS

Investors in Mumbai jeweller’s gold schemes complain to EOW

The gold schemes are managed by suburban Mumbai-based Rasiklal Sankalchand Jewellers. Rating agency Brickwork Ratings revised the jewellers bank loan facilities of Rs 105 crore downward to BWR BB Plus from BWR triple B recently citing non-cooperation of the issuer.

Makers to sell ornaments to jewellers only via PDCs

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