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Gold loan defaults nearly double in 5 months, Rs 22.5 lakh crore portfolio raises concerns: Report

New Delhi, Nov 5 (UNI) India's gold loan market has witnessed a sharp expansion in recent years, with the outstanding portfolio reaching Rs 22.5 trillion in August 2026, nearly three times its size in August 2023. However, the rapid growth has also been accompanied by a rise in repayment stress, with delinquencies almost doubling between March and August this year, according to a report by TransUnion CIBIL. The credit bureau said that while overall stress levels remain below those recorded a year ago, lenders need to pay closer attention to borrowers' repayment capacity rather than relying primarily on the value…

News Details

Words:
101
Type:
TEXT
Slug:
ECONOMY GOLD LOAN DEFAULTS CIBIL
Source
UNI India
Category
,
Published At
05/11/26 11:29
Last updated
05/11/26 11:29
Location
New Delhi, India