India’s Household Gold Reserves Power Surge in Gold Loans Market
Over 34,000 Tonnes of Gold Driving Lending Shift
New Delhi, March 19: India’s vast household gold reserves are emerging as a key force reshaping the country’s lending landscape, with gold-backed loans witnessing rapid growth...
bain capital
consumer loans
financial lending
goldgold loans
goldmarket
india
kotak mahindra bank
lending market
manappuram finance
mitsubishi ufj financial group
morgan stanley
nbfcs
reserve bank of india (rbi)
retail credit
New Delhi, February 24: Gold prices advanced in the national capital on Tuesday, climbing Rs 400 to Rs 1,63,200 per 10 grams, as sustained buying by dealers and a weaker rupee supported domestic rates, according to local market traders.The precious metal of 99.9 percent purity had closed at Rs...