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Priyant Dhrangdhariya

Head of Finance @ Th... • 1y

India’s Gold Loan Market: A Glittering Opportunity The Sparkling Growth: Bajaj Finserv Ltd., a diversified NBFC, predicts India’s gold loan market—valued at $55.52 billion in 2022—will soar to $124.45 billion by 2029. A 12.22% annual growth fuels this ascent. Gold Bonds vs. Gold Loans: RBI’s gold bonds lack the magic of gold loans—they can’t infuse gold into the money supply. Gold loans, like alchemists, bridge liquidity and tradition. House of Golden Reserves: India holds 27,000 tonnes of gold, with 5,300 tonnes pledged as collateral—20% of the treasure. Informal Frontier: 65% of this market thrives outside formal channels. Could your idea formalize it? Become the next Muthoot Finance! 🌟✨

3 Replies

Replies (3)

Anonymous 2

Hey I am on Medial • 1y

What are your thoughts on digital gold savings? Is it going to be parallely big?

1 Reply

Anonymous 1

Hey I am on Medial • 1y

But the thing being people trust their local vendors more for this or mass offline available merchants such as muthoot.

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Mridul Das

Introvert! • 7m

Since Gold 🪙 price reaches Sky🔥🔥. Here is an interesting fact that will shock you.- Indian 🇮🇳 women… Hold Gold jewellery of 25,000 tonnes, comparing that to world's gold reserves 🔸🔸🔸 Gold reserves by Country 🇺🇸 United States - 8000 tonn

Chand ram

App developer, Tec e... • 4m

I have some ideas which are from different fields like a lens cart and a gold loan provider (Muthoot Gold Loans) how to sell my idea

Mahendra Lochhab

Content creator • 1y

RBI has sent back 100 tonnes of its gold reserves from Britain to India. During the crisis in 1991, we had to send gold out overnight.

Rohan Saha

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Good news for anyone taking gold loans and for gold loan companies too, The RBI has just increased the loan to value ratio from 75% to 85%. Simply put, if your gold is worth ₹1 lakh, you can now get a loan of up to ₹85,000 instead of the earlier ₹75,

VIJAY PANJWANI

Learning is a key to... • 1m

Did you know? Indian housewives collectively own 25,000 tonnes of gold – more than the official reserves of the United States, France, and China combined. According to the World Gold Council, this represents nearly 11% of the world’s total gold re

Mahendra Lochhab

Content creator • 2m

India's cement industry is the world's second-largest producer, with an estimated market size of 3.96 billion tonnes in FY23 and projected growth to 5.99 billion tonnes by 2032.

Medial User

Hey I am on Medial • 8m

Pvt...Bank...nbfc...Any loan any category all area we open details contact us Cibil cases also we handle fees applicable We provided all types of loans pan India * NPA Loan * ⁠Loan Against property * ⁠secured loan * ⁠project loan * ⁠Hospitali

2 Replies

Pawan Kumar

Executing • 8m

Guys, what would u all choose from the following - 1. Share market - 15% to 20% 2. FD/Bonds - 7% to 8% 3. P2P Loan - 9% ???? Risk is also as good as returns

4 Replies

Cards Wala

One stop shop for ev... • 23d

#RBI has now allowed to keep #silver as collateral for loans. Good for overall economy as the metals which are lying idle can create new credit. But should you pledge your #gold and #silver to take a loan? I wouldn't do so.

Saket Sambhav
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ADJUVA LEGAL® • 1m

🪙 "Malabar Gold Coin Price Trap!" ⚠️ Spot the trick: Malabar 24K 1gm 999 purity Laxmi Gold Coin MRP: ₹15,500 9% Discount: Now ₹14,017 But… Actual market rate today for 1gm of 24K gold is only around ₹13,140! What’s really happening? 👉 MRP is blo