Gold loan default ratio drops as sanctions double

23 Jun 2026via The Times of IndiaSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

Gold loan default ratio drops as sanctions double. Sanctions in the sector rose to ₹2,200 crore in FY24 from ₹1,100 crore in FY23, while the gross non-performing asset ratio fell to 1.8% from 2.5%. Increased underwriting discipline and higher gold prices supported recovery. Rising credit discipline signals stable asset quality in the gold loan space.

📊 STOCKS: | 🏢 SECTOR: CapitalMarkets | #MEDIUMIMPACT #GoldLoans

#GoldLoans#NBFC#DefaultRatio

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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