3
Synopsis
In FY25, India’s gold imports stood at USD58 billion, highlighting the country’s strong affinity for the yellow metal. Yet, total gold loans by organised lenders were only 5% of the gold stockpile. This underscores the vast untapped potential of gold loans, with room for both existing and new players to grow.
Over the past five years, the gold loan segment in India has witnessed heightened competition, as lenders scrambled to tap into this lucrative market. Traditionally dominated by gold loan NBFCs (non-banking financial companies) due to…
