Economy · India
Gold loans see significant growth, outpacing personal loans
Gold loans have emerged as a major component of consumer borrowing in India, with a recent report indicating a substantial increase. This trend suggests a shift in how individuals are accessing credit, potentially driven by factors like accessibility and economic conditions. The Reserve Bank of India's Financial Stability Report highlights this significant rise in gold-backed lending.
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Left 0 · Centre 2 · Right 0 n = 2
- Centre (2): Mint, The Times of India