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Even the rich are taking gold loans
THE WEEK India
|November 02, 2025
Q/Gold loans are seeing good traction. How do you see the trend?
A/There are many people who want a gold loan because they are not getting loans from elsewhere.
The regulator and the banks have been quite strict on unsecured lending. Personal loans, other than the salaried personal loans, are difficult to get today. Microfinance also has had some problems. And, lending by fintech players has come down.
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