Economy · India
NBFC Gold Loans See Significant Growth, Reaching ₹3.41 Lakh Crore
Non-Banking Financial Company (NBFC) gold loans experienced substantial growth, reaching ₹3.41 lakh crore in June. This represents a near 70% increase, with one report specifying 69.3% growth. The Reserve Bank of India (RBI) reported these figures. Concurrently, industry credit growth has moderated.
How outlets across the spectrum covered it
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- Centre (2): The Economic Times, The Indian Express