The Hindu·3 min read·medium
Outstanding gold loans have surged over last three years, says Union Minister of State for Finance
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The Hindu Bureau
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Union Minister Pankaj Chaudhary reported that outstanding gold loans in India have surged significantly, reaching ₹18.29 lakh crore by March 2026. Despite the growth in lending, the gross non-performing asset ratio for these loans has declined over the last five years.
Outstanding gold loans extended by banks and Non-Banking Financial Companies (NBFCs) in India have surged over the last three years, said Union Minister of State for Finance Pankaj Chaudhary on Monday.
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