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Organized gold loans
September 30 , 2024
53 days
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- Cumulatively, organised gold loans offered by banks and non-banking finance companies (NBFCs) are set to top Rs 10 trillion in the current financial year (FY25).
- It will potentially touch Rs 15 trillion by March 2027.
- The gold loan segment has expanded at a compound annual growth rate (CAGR) of 25 per cent between FY20 and FY24.
- Among the NBFCs, the gold loan book is concentrated with the top four players accounting for 83 per cent in March 2024.
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