New Delhi, May 20 (IANS) India’s retail lending portfolio expanded to Rs 170.2 lakh crore as of March 2026, marking 16.6 per cent year‑on‑year growth and a 4.6 per cent quarter‑on‑quarter increase, a report said on Wednesday.The report from CRIF High Mark said consumption loans grew 15.3 per cent year‑on‑year to Rs 118.6 lakh crore, supported by broad‑based growth across gold loans, personal loans and consumer durable loans.Gold loans emerged as the fastest-growing segment, with …
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New Delhi, March 19 (IANS) Indian households are sitting on an enormous reserve of gold, and that wealth is now quietly reshaping the country’s lending market, a report has said.According to a report by Morgan Stanley, Indian households collectively own more than 34,000 tonnes of gold.Kotak Mahindra Bank estimates this stockpile to be worth nearly $5 trillion. While most of this gold — around 90 per cent — still lies idle, it is increasingly being used as collateral to raise quick loans.Gold…