Gold is a valuable asset for rural households in India, which holds most of the country’s gold. However, demand for gold loans in rural areas is expected to be affected by inflation and unpredictable crop seasons, which can impact farmers’ income. The other consumer segment driving gold loan growth is MSMEs in semi-urban areas […]

  The RBI advisory released in May 2024 limited the cash disbursements to Rs. 20,000, promoting a shift to digital channels. This led to a minor increase in turnaround and the processing time of gold loans. Despite this, the Indian gold loan market reported a growth of 12% in June 2024 disbursements. The growth consistency […]