Abhijit Lele, Business Standard

Stories by Abhijit Lele, Business Standard

Gold loan offtake stays strong amid retail loan moderation in January

Gold loan offtake stays strong amid retail loan moderation in January

Rediff.com   6 hours ago

The gold loan portfolio of banks continued to show strong off-take with 76 per cent year-on-year (Y-o-Y) growth in January 2025 amid moderation in retail credit - especially in the unsecured credit segment - following increase in risk weights in November 2023. The gold loan pool had grown 17.4 per cent Y-o-Y in January 2024.