India Gold Loan Market: Golden Investments- India�s Robust Gold Loan Industry
Mahesh Chavan16 Nov, 2023News
A gold loan isn't just a financial transaction; it's a secured loan where gold jewelry acts as collateral. With a colossal 27,000 metric tonnes of gold in Indian households, the market's potential is jaw-dropping at INR 65 trillion, yet only INR 6 trillion is currently tapped. This presents a golden opportunity for key players like MUTH, MGFL, and IIFL.
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