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Gold loan providers see opportunity as micro loans falter

By Economic Times - 24 hours ago
Gold loan companies in India are accelerating growth plans, capitalizing on increased demand as microfinance lenders tighten credit. Muthoot Finance has raised its growth projection to 25%, while others see gold loans filling the gap left by restricted unsecured and fintech lending. The RBI has advised policy reviews following scrutiny of some lenders' practices.

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