Gold loan business may slow due to financial stress, lower loan-to-value rule

RBI data showed that at the end of FY21, total value of gold loans outstanding was nearly Rs 60,500 crore - up 82% on the year. In FY22, this growth rate could slow down substantially, industry players said.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/gold-loan-business-may-slow-due-to-financial-stress-lower-loan-to-value-rule/articleshow/82998287.cms