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! 🌟✨
Founder - Burn Inves... • 4m
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 MoreLearning 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
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Betterment, Harmony ... • 9m
Key Financial Considerations for Medical Professionals 1 . Debt Management: Strategize student loan repayment, credit cards, and personal loans. 2. Retirement Planning: Maximize tax-advantaged accounts (401(k), IRA). 3. Investments: Diversify portfol
See MoreI will do something ... • 10m
I need investors for the idea I have. Just like banks give loans against gold or property, our company wants to give loans against old machines. Poor farmers or labourers who have old iron machines or iron goods can mortgage them and take loans at v
See MoreReal Estate service • 10m
Kamar Thakur, a visionary entrepreneur and expert in the real estate industry, is the driving force behind Kamar Associates, a trusted name in the Delhi real estate market. With a focus on providing comprehensive property solutions, Kamar Associates
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