Glare falls on booming gold loan business
India's gold loan market is expanding at an extraordinary pace, but the near doubling of delinquencies between March and August 2026 may have just indicated that some major stress could be building beneath the surface.While the proportion of seriously overdue loans remains relatively small, warnings from credit bureau TransUnion Cibil and lenders such as Bajaj Finance and Piramal Finance have given a worrying sign -- that some borrowers may be using fresh loans against gold to manage existing d…


