What do UT Jhaveri’s Kumar Jain and
Prithviraj Kothari of Riddhi Siddhi Bullion Association have in common? They
are among twelve others invited as Directors of the association. Narsih Chenaji, Ashok Jain, Bullion's Chandrakant Patel,
Shrigar Mangalsutra's Chetan Tungareshwar, G.M Golden's Ganesh Mathuria, Jugraj
Kantilal's Jitendra Punmiya, Penta Gold's Ketan Shroff, Sangam Chain's Raman
Solanki, Suvarna Sarita Jweller's Mahendra Choradia, Shilpi Jweller's Pramod
Mehta, Suvarna Shilpi Chain's Prafull Ranavat, Palak Jweller's Shailesh Daga,
and V Group's Vinod Jain are tipped to have been invited. How does the
association fare in its social and economic activities? Its media co-ordinator,
Kumar Jain, firmly stated
that the association can efficiently handle its activities. No more disputes,
for an amiable flagging-off of peace, Prithviraj Kothari, states he has been
advised to pull out all pending cases from court. He also commended the
association for increase in membership.
RSBL was established in the year 1994, it has been one of the market leaders in providing wholesale and retail level bullion delivery in the spot. It also forwards and futures markets in India. Today, RSBL is the India's largest bullion trading company with an annual turnover of over Rs 22,900 crore. It has a credit rating of SME 1 from CRISIL Ltd, which is the highest rating on the SME rating scale. The company's promoters have a combined experience of over 100 years in the industry.
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