Aditya Birla Capital Enters Gold Loan Market, Targets 1,000 Branches
Aditya Birla Capital will enter India’s gold loan market, targeting 1,000 dedicated branches over three years as rising gold values support secured lending demand.
WGC: Covid-19 Boosts Demand For Gold Loans In India
Households and small businesses in India have preferred to pledge gold as collateral to meet financing needs rather than selling it outright during the Covid pandemic, the World Gold Council (WGC) said in a market update titled ‘Gold loans help India weather the Covid-19 storm’
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