Top gold loan companies expand bullion holdings to record levels in FY26

India’s top gold loan firms, Muthoot Finance, Manappuram Finance, and IIFL Finance, collectively hold a record 334 tonnes of gold. This amount exceeds the gold reserves of countries like the United Kingdom and Brazil. IIFL Finance saw a significant increase in its holdings after regulatory issues were resolved. Manappuram Finance also boosted its gold financing.

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