IDBI Bank’s Gold Loan Book has crossed the Rs 10,000 crore landmark.
State Bank of India's gold loan portfolio has swelled to over Rs 1 lakh crore for the first time, chairman Dinesh Khara said.
Gold loan company Muthoot Finance Ltd is planning to rapidly expand its offering of Gold Loan@Home from 100+ locations to across 5400+ pan-India branches.
For decades, people in India have been investing in Gold as a trusted investment instrument. Whether in coins, jewellery, or other forms, the Gold is the most liquid asset instrument you can support. You can find gold buyers anywhere. When you need to raise capital, you can quickly sell it off. However, if you do not wish to sell your Gold, there is a way to procure funds.