MUMBAI: Even as gold loans grew 50.4% in FY26 to emerge as the primary driver of retail credit, the home loan portfolio expanded only 9.4%, with growth largely led by higher ticket sizes, while credit card outstandings remained the slowest segment with flat year-on-year growth.

India's retail credit growth is driven by a 50% surge in gold loans, reaching ₹170.2 lakh crore in Q4 FY26.

Gold jewellery loans have seen a massive 50 percent jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail loan category. The surge is driven by…

MUMBAI: Even as gold loans grew 50.4% in FY26 to emerge as the primary driver of retail credit, the home loan portfolio expanded only 9.4%, with growth largely led by higher…