Archive · 18 Jul 2026

Kolkata Commission Orders Muthoot Finance to Return Gold or Pay Compensation

Kolkata Commission Orders Muthoot Finance to Return Gold or Pay Compensation

A woman in Kolkata pledged some of her gold jewelry to get a loan for education.

Later, she found out that the company, Muthoot Finance, had sold her gold without following the right steps.

She went to the consumer commission and told them what happened.

The commission looked at the case and decided that the company should give back her gold or pay her the money it's worth now.

The commission said this because the company didn't have good enough reasons for what they did.

So, the woman can either get her gold back or the money for it.

Sources