Rising gold prices and RBI’s increased scrutiny on unsecured personal loans have shifted the focus of lenders to gold loans. Outstanding gold loans are up 20-30 per cent across both banks and NBFCs as of June 2024 and the proliferation of digital products too is helping break the taboo of loans against gold jewellery
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Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.