Finance
YellsyGold Loans Blaze: 90% Surge Ignites India's Credit Scene
Listen up, folks! Gold loans are absolutely blazing, jumping 90.3% like a soufflé that’s finally risen! We're talking a jaw-dropping ₹162.7 lakh crore in value! Vehicle loans are also revving up, so don’t be an idiot sandwich—borrow smart and keep your assets polished! It’s time to make those loans work for you, not the other way around!
few days ago | Sunainaa Chadha
Quick rundown
1.Gold loans are the new heavyweight in India's retail credit market.
2.Auto loans surged due to GST changes and festive demand.
3.Big-ticket loans are becoming more popular in India.
4.PSU banks lead in home loans, while NBFCs dominate personal loans.
5.India's borrowing is growing responsibly with improved asset quality.
