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Lenders are flouting every rule in their books to cater to the rising gold-loan demand. @Rounak_T tracked down such cases deep in the country's hinterlands from Karnal to Bulandshahr, in this superbly reported story https://t.co/dGAPB54GyB
Lenders are flouting every rule in their books to cater to the rising gold-loan demand. @Rounak_T tracked down such cases deep in the country's hinterlands from Karnal to Bulandshahr on this superbly reported story https://t.co/dGAPB55eo9
India’s organised #goldloan market is projected to double in the next five years to Rs 14.19 lakh crore despite expected moderation in growth due to stricter regulations, said a #PwC India report #Gold #GoldLoanMarket #Loan #BusinessNews https://t.co/J9hh2Ciqwc https://t.co/AJcMZku3Oc
India's organized gold loan market is expected to double in size over the next five years, reaching Rs 14.19 lakh crore, according to a PwC India report. Despite anticipated moderation in growth due to stricter regulations, the demand for gold loans continues to rise. Reports indicate that lenders are increasingly bending rules to meet this growing demand, with cases documented in regions such as Karnal and Bulandshahr.