Gold loan market to touch ₹18 trillion by 2027: ICRA report
India's organised gold loan market is set to reach ₹15 trillion by March 2026 and ₹18 trillion by FY2027, driven by rising gold prices and NBFC expansion, says ICRA. Banks dominate with 82% share, while NBFCs grow at 41% YoY. Analysts expect continued growth, but rising competition and yield pressures call for efficiency improvements in lending operations.