Gold Loan Defaults Nearly Double in Five Months
Gold loan defaults have nearly doubled within five months, reflecting increased stress in this fast-growing lending segment. Overdue loans exceeding 90 days rose to 0.3% of the portfolio in August 2026, up from 0.2% in March 2026. Meanwhile, outstanding gold loan balances have tripled over the past three years, indicating rapid market expansion.
TOI Business·

