Gold-backed lending glows in banks’ retail books: RBI data
MUMBAI: Loans against gold jewellery have become the unlikely star of retail credit with outstanding balances in this category surging 128.5% year-on-year to Rs 3.38 lakh crore in Oct 2025 and 63.6% since March 2025. Gold loans now account for nearly a fourth of the addition to the bank’s personal loan book in the last…