₹1.30 lakh to buy supplies needed to plant his next crop. Many Indians are using gold to secure loans, bankers and industry experts say, as banks are otherwise increasingly unwilling to lend during the coronavirus pandemic due to fear of the loan souring."State-run banks were seeking lots of documents for crop loans and furnishing them all wasn't possible quickly," said Patil, whose farm is in Sangli district, nearly 400 km from Mumbai."So I decided to pawn jewellery.
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