Topic
gold loans
Finance As Demand Shoots Up, Banks Strengthen Gold Loan Muscle
Indian banks are strengthening gold loan capabilities by adding appraisers and digitising processing as demand surges. The segment grew 105% year-on-year in May to about Rs 5.2 lakh crore, according to RBI data, while CRIF estimates the total market at Rs 18.6 lakh crore. Banks are cutting disbursal times to around 15 minutes to challenge NBFC dominance.
Finance NBFC Gold Loans Surge 69.3% Year-on-Year Despite Tighter RBI Rules
NBFC loans against gold jewellery jumped 69.3% year-on-year to Rs 3.41 lakh crore at end-June 2026 despite tighter RBI rules. Retail credit grew 20.3%, while industry credit slowed to 6.7%, and agriculture accelerated to 17.9%. The RBI's 2025 gold-collateral directions followed September 2024 supervisory concerns.
Finance Gold loans jump 93.8% y-o-y, fuel bank credit growth in Q1FY27
According to Business Today, gold loans expanded 93.8% year-on-year at end-June 2026, accounting for 13.1% of incremental non-food credit. Overall bank credit rose 18.6% to Rs 219.3 lakh crore, led by industry (19.2%) and services (21.4%) growth.
Finance Gold loans surge over 50% in FY26 on larger ticket sizes, shift from unsecured credit
Gold loans in India surged over 50% in FY26, driven by larger loan sizes for existing borrowers and a shift from unsecured credit products. According to Icra, rising gold prices enabled higher collateral valuation. NBFCs increased their market share to 22%, while Canara Bank's non-agri gold loan book crossed Rs 1 lakh crore. The number of borrowers grew only 3.1%, indicating growth came from existing clients.
Finance RBI Stress Test: Indian Banks Pass, But Gold Loan and Private Credit Risks Flagged
The RBI's bi-annual Financial Stability Report reveals that Indian banks' capital adequacy remains above regulatory minimums under stress scenarios, though gross NPA ratios are projected to rise to 3.8-4.1% by March 2028. The central bank also flagged risks from gold loans and private credit, while governor Sanjay Malhotra cited strong growth and low inflation as supporting macro-financial stability.
Finance Gold Loans Surge 105.5% as Services Credit Outpaces Personal Loan Growth in India
Gold loans in India grew 105.5% year-on-year to Rs 5.1 lakh crore as of May 2026, driving their share within personal loans to 7.3%. Meanwhile, services credit expanded 20.4%, led by a 33.7% surge in NBFC lending, surpassing personal loan growth of 15.4% and reducing the share of personal loans in total bank credit to 32.6%.
Finance Gold loans surge 84% in FY26, emerge as mainstream credit driver: Experian
Gold loans are now one of India's fastest-growing retail credit products, with sourcing surging 84% year-on-year in FY26, according to Experian. The industry portfolio more than tripled to ₹19.4 lakh crore by March 2026, driven by rising gold prices and deeper market penetration. Asset quality also strengthened, with net 90+ delinquency improving to 0.2% from 0.4% three years earlier.
Finance More Measures on Gold Coming? Finance Ministry Asks Banks for Data on Metal Loans
India's Finance Ministry has directed bullion-importing banks to submit detailed information on gold metal loans (GMLs) and gold-backed loans from 2023 onwards, signaling potential new measures to curb gold imports. Despite lower import volumes, India's gold import bill rose 24% to a record $71.9 billion in 2025-26. The move follows an increase in import duty on gold to 15% and restrictions on silver imports.