In the present times, there is a constant stream of newer financial products being launched. Keeping this in mind, it is safe to say that the scope for innovation and reinvention of existing products is endless. The diamond loan market is one such industry that has been reinvented time and again in various creative ways. While the original concept of a diamond loan was to provide liquidity against diamonds as collateral, over time, we have seen sub-categories emerge catering to different need...