PC Jeweller: From shining star to insolvency?
PC Jeweller: From shining star to insolvency?

PC Jeweller: From shining star to insolvency?

Rupa Karki

6 min
Business & Finance
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<p>PC Jeweller has been in the news for all the wrong reasons. Last October it defaulted on a massive <a href="https://www.financialexpress.com/industry/pc-jeweller-defaults-on-rs-3466-cr-loan-facilities/2753103/">₹3,400 crore</a> loan. And now, SBI one of its lead lenders wants it declared <a href="https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/pc-jeweller-faces-insolvency-plea-from-sbi-nclt-adjourns-hearing-till-aug-21/articleshow/102362097.cms?from=mdr">insolvent</a>.</p> <p>So in today’s episode for 9th August 2023, we dive into where it all went wrong for the jeweller.</p> <p> If you&#39;re a person who is great at communicating and are enthusiastic to join our team, Ditto is looking to recruit new Insurance advisors. You don&#39;t even have to know about Insurance, we would train you from scratch and you can enjoy working remotely with a great team. If you&#39;re interested in this or know someone who is please click this link - bit.ly/3rnVoKv </p>

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