English 
03
Oct
Oct
Gold Loan Surge Raises Red Flags for RBI: A Growing Concern, Record Growth Amid Rising Competition
-
Vishal / 3 months
- 0
- 2 min read
India’s banking and non-banking finance companies have witnessed a remarkable surge in gold loans, prompting significant concern from the Reserve Bank of India (RBI). Recent data from the Finance Industry Development Council reveals a staggering 26% increase in gold loans during the first quarter of FY 2025 compared to the previous year, with a 32% […]
