Gold-loan NBFCs Projected to Surpass Rs 4 Lakh Crore by FY27

Gold-loan NBFCs in India are expected to grow a lot by 2027.

Their total loans (AUM) will reach Rs 4 lakh crore.

This is because gold prices are very high, people want more secure loans, and the rules for these loans are getting better.

The government is also changing the rules to allow more loans against gold.

But, these companies need to be careful with risks, like gold prices going down, and manage their loans well.

They also have to compete with banks who are also giving gold loans.

The average amount of loans per branch has increased a lot, showing that these companies are doing well.

Banks are also giving more gold loans, and they now have more than half of the market.