Essayer OR - Gratuit
Gold Loans Hit Record High Amid Price Rally
Financial Express Lucknow
|September 11, 2025
SIZZLING DEMAND
The value of loans against gold jewellery pledged with banks hit an all-time high for the 15th consecutive month, reaching ₹2.94 lakh crore in August 2025, up from ₹1.02 lakh crore in April 2024. Notably, since March this year, loans against jewellery have grown over 100% year-on-year every single month.
The rally in gold prices has been the primary driver behind the buoyancy in gold loan demand, said market participants. "I have not seen too much of the rise in tonnage. It seems more like the gold price has gone up by 40-45% over 12 months. That seems to be the key driver of the gold AUM," said Karthik Srinivasan, Senior Vice President, Group Head Financial Sector Ratings, ICRA.
Cette histoire est tirée de l'édition September 11, 2025 de Financial Express Lucknow.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Lucknow
Financial Express Lucknow
Morgan Stanley sees Sensex at 107,000 by Dec’26
Base case prediction puts the benchmark index at 95,000 by end of next year
1 mins
November 19, 2025
Financial Express Lucknow
APPLE TAKES 25% SHARE OF COUNTRY'S SMARTPHONE MARKET IN OCTOBER iPhone 17 drives China sales surge
APPLE'S IPHONE 17 series drove a 37% rise in its monthly smartphone sales in China, signaling strong momentum in a key market.
1 min
November 19, 2025
Financial Express Lucknow
Stronger energy relations set stage for trade pact with US
LPG DEAL MARKS LONG-TERM COMMITMENT, SAYS GOYAL
2 mins
November 19, 2025
Financial Express Lucknow
Delhi’s air quality in ‘very poor’ category
THE AIR QUALITY in Delhi stayed in the 'very poor' category for the fifth consecutive day on Tuesday.
1 min
November 19, 2025
Financial Express Lucknow
SBI chairman pitches for national financial grid
STATE BANK OF India Chairman CS Setty on Tuesday suggested creation of a national financial grid, a unified infrastructure layer connecting credit bureaus, fraud registries, eKYC, UPI, and account aggregator frameworks.
1 min
November 19, 2025
Financial Express Lucknow
No firm is immune if AI bubble bursts: Pichai
ALPHABET CHIEF EXECUTIVE Sundar Pichai said no company would be unscathed if the artificial intelligence boom collapses, as soaring valuations and heavy investment in the sector fuel concerns of a bubble.
1 min
November 19, 2025
Financial Express Lucknow
SC seeks replies from Anil Ambani, govt on fraud plea
IN A SIGNIFICANT development, the Supreme Court on Tuesday sought responses from the Centre, CBI, ED, Anil Ambani and the Anil Dhirubhai Ambani Group (ADAG) on a PIL seeking a court-monitored probe into alleged massive banking and corporate fraud involving the ADAG and its group companies.
1 min
November 19, 2025
Financial Express Lucknow
Summers to step back from public roles amid Epstein links
FORMER HARVARD PRESIDENT Larry Summers said he plans to step back from his public commitments after his correspondence with the late disgraced sex offender Jeffrey Epstein was made public by US lawmakers.
1 mins
November 19, 2025
Financial Express Lucknow
Domestic air passenger traffic likely grew 4.5% in Oct: Icra
DOMESTIC AIR PASSENGER traffic was estimated at 14.28 million in October 2025, marking a 4.5% year-on-year (yo-y) increase over 13.6 million in October 2024, and a 12.9% rise month-on-month from September 2025, according to Icra.
1 min
November 19, 2025
Financial Express Lucknow
Zoho's Arattai rolls out end-to-end encryption feature
ZOHO-BACKED MESSAGING PLATFORM Arattai introduced its long-awaited end-to-end encryption feature, with a new app update rolling out on Tuesday night.
1 mins
November 19, 2025
Listen
Translate
Change font size