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Organised gold loan industry to touch Rs 3,101 bn by FY'20: KPMG

Tuesday, January 9, 2018, 3:44 PM

India's organized gold loan industry could touch Rs 3,101 billion by 2019-20 as the companies are offering flexible schemes at lower interest rates with minimal paperwork without the hassles of rigid credit appraisal, said a KPMG report released today. Gold loan companies are expected to continue delinking the gold price volatility risk by offering more variants of lower tenure loan products, it said.
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Gold prices drifts lower as dollar regains strength

Friday, October 20, 2017, 12:32 PM

Gold prices tu