Gold loans turn fastest-growing segment as banks lean on safety
Gold loans have become the fastest-growing major loan segment for banks in a year when the persisting pains of the pandemic have led lenders to look for low-risk growth. Outstanding loans against gold jewellery stood at Rs 62,926 crore as of August 27, 66% higher on a year-on-year (y-o-y) basis, as per sectoral data put […]