Why gold loans are no longer just a last resort for borrowers
Gold loans are no longer just a fallback for emergencies, they have emerged as a mainstream credit option for millions of Indians. The total outstanding gold-backed loans in India have skyrocketed to Rs 2.94 lakh crore by August 2025, a 122% year-on-year jump from Rs 1.32 lakh crore in July 2024. In FY25 alone, gold…
