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Surge in gold loans partly reflects stress, say lenders

Mint
Image: Times of India

While Bajaj Finance has seen stress in asset quality from short-tenure gold loans, Piramal Finance warned that a significant share of industry disbursements has gone to borrowers with a history of serious delinquencies.

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How 2 outlets are covering it

  1. Times of India
    Surge in gold loans partly reflects stress, say lenders Read on Times of India
  2. Mint
    Gold loan boom brings early stress signals for NBFCs

    While Bajaj Finance has seen stress in asset quality from short-tenure gold loans, Piramal Finance warned that a significant share of industry disbursements has gone to borrowers with a history of…

    Read on Mint

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