Gold loan fastest growing segment – The Times of India
MUMBAI: Gold loans surged by 71% year-on-year in Dec-end, emerging as the fastest-growing segment within personal loans. Individual borrowings against FDs and shares saw a year-on-year increase of 19% and 22%, in Dec 2024.According to data on sectoral deployment of bank credit released by RBI, gold loan portfolio of banks rose to Rs 1.7 lakh…