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Gold-loan NBFCs poised for growth despite regulatory changes and gold price fluctuations: CRISIL

By Economic Times - 3 months ago
Gold-loan NBFCs experienced reasonable growth in disbursements due to robust credit demand and operational resilience. The May 2024 RBI advisory limited cash disbursements over Rs 20,000, prompting a shift to digital channels. Despite a minor increase in turnaround time, gold-loan NBFCs saw a 12% rise in June disbursements.

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