India's Gold Loan Sector Faces Risks Amid Rapid Growth
India's gold loan market is rapidly expanding, driven by genuine demand and potential borrower financial distress. The Reserve Bank of India reports significant annual growth in gold loans from banks and NBFCs. Increased competition may challenge lenders in assessing borrower viability and repayment. Regulatory changes aim to stabilize the sector but could create operational difficulties for lenders.
Economic Times·




