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Business

Gold loans surge 4x in the last 5 years, but penetration remains low: Report reveals where the growth is coming from

LiveMint - Money ·
Gold loans surge 4x in the last 5 years, but penetration remains low: Report reveals where the growth is coming from

India’s gold loan market has nearly quadrupled to ₹18.6 trillion in five years, overtaking personal loans.

Yet, only around 8% of household gold is monetised through organised lenders.

Find who is borrowing, which states are driving growth, and which lenders are gaining share. 

Read the full article on LiveMint - Money ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.livemint.com — the content belongs to LiveMint - Money.

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