![Why lab-grown diamonds are picking up pace](https://images.assettype.com/fortuneindia%2F2022-07%2Fd4e33f68-6fe6-40f0-ad36-2204c5c229ed%2FGettyImages_713771683_2.jpg?rect=0,0,2000,1000&w=300&q=95)
Why lab-grown diamonds are picking up pace
Just last week India's largest PSU bank SBI decided to formally create a policy that would allow for loans to be made to makers of lab-grown stones.
Just last week India's largest PSU bank SBI decided to formally create a policy that would allow for loans to be made to makers of lab-grown stones.
Consumers are asking questions about the origin of diamonds — whether they have been ethically mined, however, they are not willing to pay a premium for ethics and sustainability.