Gold loans surge: Organised market set to reach Rs 15 lakh crore by March 2026; says Icra report

Gold loans surge: Organised market set to reach Rs 15 lakh crore by March 2026; says Icra report

The organized gold loan market is projected to reach Rs 15 lakh crore by March 2026, a year ahead of schedule, driven by soaring gold prices and banks' expanding dominance. Banks now hold 82% of the market share, with their assets under management growing significantly faster than NBFCs.