BT Explainer | Gold loans surge 83% to ₹5.77 lakh crore: What happens if gold prices fall 15%?
Indian markets moved higher.
· Business Today Mkts
Highlighting the trend in a post on X, Deepak Shenoy pointed out that gold loans from banks had grown 83% year-on-year to ₹5.77 lakh crore. Nearly ₹3 lakh crore has been added to outstanding gold loans over the past 12 months.
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Banks
1M -3.4% · 3M -6.0%
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