BusinessPhoto: Business StandardGold Loan Portfolio Triples Since 2023; Delinquencies Rise Sharply in 2026
India's gold loan portfolio nearly tripled to ₹22.5 trillion since August 2023, with delinquencies almost doubling between March and August 2026, though still below August 2025 levels. Growth favors larger loans and repeat borrowing. Stress is concentrated among borrowers with multiple loans, smaller loans, and past missed payments. TransUnion CIBIL urges lenders to assess beyond gold value. Loans overdue by 90+ days were 0.30% of balances in August 2026.
Business Standard·


