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Briefing: Inside India newsletter: Gold loans are thriving in India — and attracting global investors
Strategic angle: Gold-backed lending, a billion-dollar industry, is reshaping India’s retail credit landscape and drawing global investors to the sector.
editorial-staff
1 min read
Updated 23 days ago
Gold loans, a billion-dollar industry in India, are reshaping the retail credit market by providing an alternative financing option for consumers.
This sector is increasingly attracting global investors, who are recognizing the potential for growth and stability in gold-backed lending.
The rise of gold loans indicates a shift in consumer behavior and financial strategies, suggesting a need for infrastructure that can support this expanding market.