The Economic Times

Gold loans surge in Retail Mix; NBFCs outpace banks in market share gains: Experian report

A report by credit bureau Experian shows that gold loans have become a major driver of Indias retail credit growth, with their share in the retail loan portfolio rising from 18% in FY23 to 41% in FY26. The shift comes alongside a sharp rise in global gold prices, which have increased about 130% over the past five years.