India’s gold loan portfolio swells to 42% to Rs 15.6 lakh crore as PSU banks tighten grip: Report
CRIF High Mark’s latest CreditScape report shows that gold loans have emerged as the fastest-growing segment within retail lending, outpacing consumption and overall retail credit growth. Gold loans now account for about 9.7% of India’s total retail loan portfolio, up from around 8.1% a year earlier.
CRIF High Mark’s latest CreditScape report shows that gold loans have emerged as the fastest-growing segment within retail lending, outpacing consumption and overall retail credit growth. Gold loans now account for about 9.7% of India’s total retail loan portfolio, up from around 8.1% a year earlier.
What's Your Reaction?
Economist Admin
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
