It’s not just last month, the strategy has seen a good turnaround in performance in the last 6 months and in the last 6 years, it has created high single-digit alpha over the Nifty50 index.
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