BusinessPhoto: Business StandardNBFCs Warn of Early Repayment Stress in India's Gold Loan Market
India's gold loan market is showing early signs of repayment stress, with Bajaj Finance and Piramal Finance reporting delays and lending to borrowers overdue by more than 90 days on other loans. Between 15% and 23% of gold loan disbursements in 2025-26 went to such borrowers, valued at ₹4.7 trillion, raising concerns about the security of pledged jewellery as collateral.
Business Standard·


