Gold loans doubled in fiscal year 2025. They became the fastest-growing consumer credit. This growth surpassed housing, vehicle loans, and even credit cards. Reserve Bank of India data shows a significant increase in gold loan amounts. Rising gold prices and a crackdown on unsecured loans contributed to this surge. Banks also reclassified some agriculture loans as gold loans.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew
October 28, 2026