In 2022, assets that generated income received the lion’s share of funding in the sector. The residential, retail, and hospitality industries also attracted significant funding, as large transactions took place during the year and are expected to see continued growth in the coming years.
Gold loan NPA rises in first five months while eases over a three-year horizon
India’s gold loan market has experienced a rise in non-performing assets, reaching 0.78% by August 2023. The total outstanding volume grew nearly threefold to Rs