Live Market Updates
Latest Financial News
News Feed
1 articles
Personalized
Live Market Updates
Latest Financial News
positive
6 days agoIndia’s gold-loan NBFCs report record Q2 collections amid festival season boost
India’s gold-loan-focused NBFCs reported a record increase in collections for Q2 FY26, with Golden Chariot Finance and Muthoot Fincorp citing collections up ~28% year-on-year, driven by pre-festival pledges and strong urban demand. Loan books grew 12%, while the gross-NPAs remained below 1.8% thanks to the short-term nature of the loans and strong asset value of pledged gold. Analysts believe the pocket of gold-loan NBFCs could be a defensive hedge in the current market, offering both yield and collateral security amid broader equity and credit-market caution.
positive
6 days agoIndia’s gold-loan NBFCs report record Q2 collections amid festival season boost
India’s gold-loan-focused NBFCs reported a record increase in collections for Q2 FY26, with Golden Chariot Finance and Muthoot Fincorp citing collections up ~28% year-on-year, driven by pre-festival pledges and strong urban demand. Loan books grew 12%, while the gross-NPAs remained below 1.8% thanks to the short-term nature of the loans and strong asset value of pledged gold. Analysts believe the pocket of gold-loan NBFCs could be a defensive hedge in the current market, offering both yield and collateral security amid broader equity and credit-market caution.
positive
India’s gold-loan NBFCs report record Q2 collections amid festival season boost
6 days ago
1 min read
85 words
India’s gold-loan NBFCs saw ~28% higher Q2 collections and 12% loan-book growth, leveraging festival demand and low NPAs as urban borrowers pledge gold.
India’s gold-loan-focused NBFCs reported a record increase in collections for Q2 FY26, with Golden Chariot Finance and Muthoot Fincorp citing collections up ~28% year-on-year, driven by pre-festival pledges and strong urban demand. Loan books grew 12%, while the gross-NPAs remained below 1.8% thanks to the short-term nature of the loans and strong asset value of pledged gold. Analysts believe the pocket of gold-loan NBFCs could be a defensive hedge in the current market, offering both yield and collateral security amid broader equity and credit-market caution.
India’s gold-loan-focused NBFCs reported a record increase in collections for Q2 FY26, with Golden Chariot Finance and Muthoot Fincorp citing collections up ~28% year-on-year, driven by pre-festival pledges and strong urban demand. Loan books grew 12%, while the gross-NPAs remained below 1.8% thanks to the short-term nature of the loans and strong asset value of pledged gold. Analysts believe the pocket of gold-loan NBFCs could be a defensive hedge in the current market, offering both yield and collateral security amid broader equity and credit-market caution.
Companies:
Golden Chariot Finance
Muthoot Fincorp
Tags:
economy
finance
economy
finance
india
nbfc
gold-loan
Oct 24, 2025 • 11:51 IST