Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. While NBFCs are rapidly gaining market share, public banks still dominate priority sector gold loans, leveraging their extensive networks.

Public sector banks are losing ground in the gold loan market to private lenders and NBFCs, which offer faster service and wider reach. While NBFCs are rapidly gaining market…

A report by credit bureau Experian shows that gold loans have become a major driver of Indias retail credit growth, with their share in the retail loan portfolio rising from 18%…