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.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing