Gold Loan Market Set To Hit Rs 30 Lakh Crore By FY 28: ICRA

The ratings agency cautioned that in case of NBFCs, the shift towards regular repayment loans from higher LTV offerings and other changes could raise near-term delinquencies: Reports

Gold loan NPAs may increase as lenders shift to monthly installments. The overall gold loan market is projected to grow over thirty percent. This expansion will take the market to thirty lakh crore by March 2028. NBFCs' market share is expected to rise to twenty-three percent by…