AU Bank, DCB, IndusInd, Shriram focus on gold loans for credit growth

AU Bank, DCB, IndusInd, Shriram focus on gold loans for credit growth. Lenders are expanding gold loan portfolios to drive credit growth, with ₹2,000+ crore incremental disbursements reported last quarter. AU Bank and Shriram saw >15% YoY growth in gold loan book. This strategy is boosting asset quality and yield spreads amid rising competition.
📊 STOCKS: $AUBANK $DCBBANK $INDUSINDBK $SHRIRAMFIN | 🏢 SECTOR: Banking | #MEDIUMIMPACT #GoldLoans