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NBFCs Accelerate Gold Loan Expansion With 3,000 Branches Planned Nationwide
India’s gold loan sector is set for rapid expansion as leading non-bank lenders prepare to open nearly 3,000 dedicated branches over the next 12 months. The rollout aims to meet rising demand for jewellery-backed credit driven by rural cash-flow needs, small-business working capital requirements, and faster disbursement cycles.
Tags:
- economy
- lending
Explore:Mutual Fund Screening
positive
NBFCs Accelerate Gold Loan Expansion With 3,000 Branches Planned Nationwide
India’s gold loan sector is set for rapid expansion as leading non-bank lenders prepare to open nearly 3,000 dedicated branches over the next 12 months. The rollout aims to meet rising demand for jewellery-backed credit driven by rural cash-flow needs, small-business working capital requirements, and faster disbursement cycles.
Tags:
- economy
- lending
Explore:Mutual Fund Screening
1 min read
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India’s gold loan market is expanding quickly, with NBFCs planning about 3,000 new branches in 12 months to meet rising demand for jewellery-backed credit.
India’s gold loan sector is set for rapid expansion as leading non-bank lenders prepare to open nearly 3,000 dedicated branches over the next 12 months. The rollout aims to meet rising demand for jewellery-backed credit driven by rural cash-flow needs, small-business working capital requirements, and faster disbursement cycles.
India’s gold loan sector is set for rapid expansion as leading non-bank lenders prepare to open nearly 3,000 dedicated branches over the next 12 months. The rollout aims to meet rising demand for jewellery-backed credit driven by rural cash-flow needs, small-business working capital requirements, and faster disbursement cycles.
Tags:
- economy
- lending
- economy
- lending
- gold loans
- nbfc