Gold loans dominate regional markets in India: which states lead the pack?
- Gold loans remain heavily concentrated in South India, where gold-backed borrowing is a deeply established cultural and financial practice.
- Tamil Nadu, Kerala, and Karnataka serve as the largest markets for organised gold-loan lenders.
- Kerala remains a crucial hub for major non-banking financial companies NBFCs, featuring a dense branch network.
- Rising global gold prices continue to drive up collateral values, boosting total loan disbursals secured against household gold.
Source: linkedin.com
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