This marks a year-on-year (YoY) increase of 31.2 per cent, although there was a sequential dip of 0.7 per cent
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Gold loan growth at the prominent gold NBFC companies is projected to pick up in the third quarter, as per the report
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The proportion of non-banking financial company (NBFC) exposure with aggregate credit has reduced from 9.3 per cent in August 2023 to 9.0 per cent in August 2024
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The rating agency Icra says that the organised gold loan market is set to cross Rs 10 trillion in the current fiscal and reach 15 trillion by March 2027
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The growth in disbursements maintains and low loan-to-value (LTV) to cushion gold price volatility, says Crisil Ratings
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