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NBFCs Accelerate Gold Loan Expansion With 3,000 Branches Planned Nationwide
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.