Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Gold loans have grown at CAGR of 20% in last 5 years
YUGMARG NEWSPAPER
|July 02, 2025
India's gold loan market has increased from USD 33 billion in FY19 to USD 83 billion in FY24, growing at a compound annual growth rate (CAGR) of 20 per cent, according to Praxis Global Alliance report.Gold loans have always been a popular way for Indians to borrow money.
-
With a strong cultural link to gold, many families keep gold as part of their savings. Borrowing against gold is quick and easy, making it a preferred option for people from all income groups.
The market includes both formal lenders like banks and non-banking financial companies (NBFCs), as well as informal moneylenders in villages and towns. One of the main reasons for the gold loan market's growth is the increasing trust in formal lending channels.
Regulatory improvements have made borrowing safer and more transparent, encouraging people to choose banks and NBFCs over informal lenders. Government efforts to promote financial inclusion have also helped build confidence in formal lenders.
Dit verhaal komt uit de July 02, 2025-editie van YUGMARG NEWSPAPER.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN YUGMARG NEWSPAPER
YUGMARG NEWSPAPER
Hrywomen have earned recognition across the countrywith their hard work and skills: Nayab Saini
Haryana Chief Minister Sh. Nayab Singh Saini said the women of the state have earned great recognition across the country through their hard work and talent. This is the true identity of Atmanirbhar Bharat— where every home has skill and every hand has work. Today, thousands of Self-Help Groups in Haryana have become the strongest pillars ofa self-reliant nation.
1 mins
November 30, 2025
YUGMARG NEWSPAPER
Madani's remarks a threat to nation and justice system: VHP's Vinod Bansal
National Spokesperson of the Vishva Hindu Parishad (VHP), Vinod Bansal, has slammed the statements made by Jamiat Ulama-i-Hind (JUH) chief Maulana Mahmood Madani on Saturday.
1 mins
November 30, 2025
YUGMARG NEWSPAPER
Punjab govt all set to embark biggest road construction work in history of state: CM
Slams Hry for playing havoc with budding players through poor sports infrastructure
4 mins
November 30, 2025
YUGMARG NEWSPAPER
India's GDP grows by 8.2% in Q2, highest in six quarters
India’s real GDP has been estimated to have grown by 8.2 per cent in the July-September quarter of the current financial year 2025-26 over the growth rate of 5.6 per cent in the same quarter of the previous fiscal, official data showed Friday.The National Statistics Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), has released the Quarterly Estimates of Gross Domestic Product (GDP) for the July-September quarter.India's nominal GDP grew at an 8.7 per cent rate during the September quarter, data showed today.In the April-June quarter, India's real GDP grew 7.8 per cent, over the growth rate of 6.5 per cent in the same quarter of the previous fiscal. India's nominal GDP grew at an 8.8 per cent rate during the said quarter.The Secondary (8.1%) and Tertiary Sector (9.2%) has boosted the Real GDP growth rate in Q2 of FY 2025-26 to rise above 8.0%.
2 mins
November 29, 2025
YUGMARG NEWSPAPER
Haryana CM launches Atmanirbhar Bharat Rail Passenger-Sampark Abhiyan
Haryana Chief Minister Nayab Singh Saini said that the path to realizing Prime Minister Narendra Modi's vision of a developed India by 2047 lies firmly in embracing the Vocal for Local initiative. He said that this goal can be achieved only through the extensive use of domestically manufactured goods and the promotion of local industries.
1 min
November 29, 2025
YUGMARG NEWSPAPER
Punjab cabinet gives nod to empanel 300 specialist doctors
In a bid to impart quality health services to people across the state, the Punjab Cabinet led by Chief Minister Bhagwant Singh Mann on Friday gave nod to empanel 300 specialist doctors across 12 key specialties.
1 min
November 29, 2025
YUGMARG NEWSPAPER
PM unveils 77-feet Lord Ram bronze statue in Goa
Prime Minister Narendra Modi on Friday unveiled the 77-feet-tall bronze statue of Lord Rama at Shree Samsthan Gokam Partagali Jeevottam Math in Canacona, South Goa.
1 min
November 29, 2025
YUGMARG NEWSPAPER
Putin to visit India for 23rd India-Russia annual summit on Dec 4-5
Russian President Vladimir Putin will be on a state visit to India at the invitation of Prime Minister Narendra Modi from December 4-5, 2025 for the 23rd India-Russia Annual Summit. During the visit, President Putin will hold talks with PM Modi. President Droupadi Murmu will also receive President Putin and host a banquet in his honour.
1 min
November 29, 2025
YUGMARG NEWSPAPER
Centre to invest Rs. 4,500 crore for modernization of SCL Mohali; assures that it will not be privatised
Union IT Minister Shri Ashwini Vaishnaw and Union Minister of State Sh. Ravneet Singh Bittu visited Semiconductor Laboratory (SCL), Mohali to review the progress of work and ongoing modernisation activities.
1 min
November 29, 2025
YUGMARG NEWSPAPER
CM Mann announces to increase sugarcane price at 416 per quintal
Continuing the tradition to give highest price to Sugarcane cultivators in the country Punjab Chief Minister Bhagwant Singh Mann on Wednesday announced to increase sugarcane price of Rs 416 per quintal for the upcoming crushing season, reaffirming his government's firm commitment to safeguarding the interests of farmers across the state.
1 mins
November 27, 2025
Listen
Translate
Change font size