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Gold loan market projected to double in 5 years to Rs 14.19 lakh crore: PwC India

By Economic Times - 4 weeks ago
India's organised gold loan market is forecasted to double to Rs 14.19 lakh crore by FY 2029, with a five-year compound annual growth rate (CAGR) of 14.85%, according to a PwC India report. The market, valued at Rs 7.1 lakh crore in FY 2023-24, faces moderated growth due to stricter regulations, including increased scrutiny on loan-to-value (LTV) ratios and auction procedures.

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