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Source: Economic Times

Economic Times
Source
Banking Sector
Category
4 min
Read time
31 Aug
Published
Banking Sector
4 min read· Economic Times

Pace of gold loan expansion slows as banks adjust to new regulations

Bank gold loans grew significantly, though at a slower pace. Personal loans also saw increased growth, driven by housing and vehicle financing. New regulations adjusted loan-to-value ratios and repayment tenures for gold loans. Housing and vehicle loans experienced notable year-on-year increases in their outstanding…

Bank gold loans grew significantly, though at a slower pace. Personal loans also saw increased growth, driven by housing and vehicle financing. New regulations adjusted loan-to-value ratios and repayment tenures for gold loans. Housing and vehicle loans experienced notable year-on-year increases in their outstanding

Source: Economic Times