Gold Loans Surge 128% to ₹3.38 Lakh Cr: RBI Flags Household Shift to Asset-Backed Borrowing

Bank credit data show that loans against gold jewellery have been recording triple-digit growth rates since February 2025, far outpacing overall credit expansion, according to the Reserve Bank of India’s State of the Economy report for December 2025. While gold loans still accoun

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