The Straight Version
Madras High Court closed a plea to regulate gold loans after the RBI claimed existing circulars are sufficient.
The UNHINGED Take
The judiciary essentially told the RBI to pinky-promise they are doing their jobs while struggling middle-class families get fleeced by predatory gold sharks. Bureaucratic pass-the-parcel at its finest.
The Bottom Line
ABSOLUTE ADMINISTRATIVE THEATRE / 10
The judiciary essentially told the RBI to pinky-promise they are doing their jobs while struggling middle-class families get fleeced by predatory gold sharks.
📣 Copy, Paste, Cause Chaos
The judiciary essentially told the RBI to pinky-promise they are doing their jobs while struggling middle-class families get fleeced by predatory gold sharks. ABSOLUTE ADMINISTRATIVE THEATRE / 10 https://unhingednews.com/in/madras-high-court-closes-plea-to-regulate-gol
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