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Gold Loan NBFCs Shine Amid Tight Unsecured Credit
Financial Express Bengaluru
|September 13, 2025
Golden Gains For Lenders
GOLD LOAN FINANCIERS are expected to raise their full-year disbursement and AUM growth targets as soaring gold prices and tighter credit in unsecured and microfinance segments continue to boost demand for gold loans.
"We had guided for 15% growth in advances last year, but ended up reaching 40%. This year, we have also given a guidance of 15%, but we should be doing much more than that," George Alexander Muthoot, MD of Muthoot Finance, told FE.
The country's largest gold-lending NBFC reported a 40% year-on-year rise in gold loans to ₹32,272 crore, taking its standalone loan AUM to a record ₹1,20,031 crore at the end of the first quarter.
This story is from the September 13, 2025 edition of Financial Express Bengaluru.
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