Banking News
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Source: Economic Times
Economic Times
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Banking Sector
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4 min
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12 Aug
Published
Banking Sector
4 min read· Economic TimesSouthern banks on a golden lending streak; gold-loan books swell 2x
South Indian banks have seen their gold-loan portfolios nearly double in three years. This significant growth is driven by rising gold prices and increased demand for credit. Federal Bank, CSB Bank, and others experienced substantial portfolio expansions. CSB Bank recorded the fastest growth, more than doubling its…
South Indian banks have seen their gold-loan portfolios nearly double in three years. This significant growth is driven by rising gold prices and increased demand for credit. Federal Bank, CSB Bank, and others experienced substantial portfolio expansions. CSB Bank recorded the fastest growth, more than doubling its
Source: Economic Times