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NBFC Gold Loans Surge 70% Amid RBI Regulations: Key Insights
NBFC gold loans have surged nearly 70% year-on-year, defying tighter RBI regulations. This growth outpaces overall retail credit, highlighting strong demand for gold-backed loans. Despite new rules from the Reserve Bank of India, the appetite for gold lending remains robust, while credit growth in other sectors shows signs of moderation.
⚖️ AI Verdict
"Gold loans are shining bright, even with a few regulatory clouds!"
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File ID: #321784Original Source: Times Of India ↗
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