π° Big finance groups are eyeing gold loans
Major corporations like Tata, Godrej, and Birla are aggressively moving into the gold loan sector. Tata Capital bought Yogloans, Godrej Capital acquired Kanakadurga Finance's business, and Aditya Birla Capital plans 1,000 new branches. Outstanding gold loans reached around Rs 3.3 lakh crore by May 2026, showing 50% growth in FY26. This shift is strategic, as secured lending is more attractive amid tighter rules on unsecured loans. The sector is now seen as a mainstream, scalable lending category. π°