Back

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
8
Replies (3)

More like this

Recommendations from Medial

Image Description

Mridul Das

Introvert! • 4m

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

See More
Reply
1
5
1

Chand ram

App developer, Tec e... • 2m

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

Reply
5

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.

Reply
4

Rohan Saha

Founder - Burn Inves... • 2m

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,

See More
Reply
13

Mahendra Lochhab

Content creator • 2d

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.

Reply
Image Description
Image Description

Medial User

Hey I am on Medial • 6m

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

See More
2 Replies
3
Image Description
Image Description

Pawan Kumar

Executing • 5m

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
1
10
Image Description

Tarun Suthar

 • 

The Institute of Chartered Accountants of India • 4m

Different Ways to Invest in Gold 🪙 If you invest ₹5 Lakhs for a period of 5 years, what could your ROI look like across different gold investment options? There are commonly 5ways to invest in gold. 🪙 Physical Gold (Jewelry, Coins, Bars) 🪙 Digi

See More
Reply
1
3
1

Muttu Havalagi

🎥-🎵-🏏-⚽ "Finding ... • 6m

RBI Increases Gold Purchases The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m

See More
Reply
7
Image Description

Rohtash kumar

Hey I am on Medial • 7m

Looking for hassle-free loans and financial solutions? Andromeda, India's largest loan distributor, offers a wide range of services including home loans, personal loans, business loans, insurance, and more. Trusted by millions for all your financial

See More
1 Reply
1
5

Download the medial app to read full posts, comements and news.