Gold loans turn safe haven for low-income borrowers
- Posted on September 15, 2025
- By Business News Today
- 3 Views
Gold loans turn safe haven for low-income borrowers
Lower-income borrowers in India are increasingly favoring gold loans over microfinance due to soaring gold prices and stricter MFI lending practices. Gold loans have surged by 122%, driven by lower interest rates and a shift in perception towards gold as a mainstream financial tool.
