2026-11-06

29.57 · Markets Soar on FII Inflows, Fintech Gets Regulatory Boost

Close-up of an ornate gold bracelet with black onyx stones on a reflective white surface.

Your Gold Jewellery Fuels India's Fastest Loan Growth. Really?

🏦 Banking↺ from 6 Nov

Non-banking financial companies (NBFCs) saw credit grow by 15.4% in September, primarily driven by a remarkable 66.1% surge in gold loans. Retail lending continues to be the strongest segment for these lenders.

Retail Credit→Gold Loans→Consumer Durables

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