Gold loan segment to hit Rs 10 lakh crore this fiscal
New Delhi, September 27, 2024. Organised gold loans (GL) by banks and non-banking financial companies (NBFCs) are set to exceed Rs 10,00,000 crore in the current financial year (FY2025) and hit the Rs 15,00,000 crore mark by March 2027, according to a report. While banks remain dominant driven by their gold jewellery-backed agriculture loans, at…