Loans against gold jewellery by non-banking financial companies (NBFCs) continued to expand sharply in June, growing nearly 70% year-on-year, according to Reserve Bank of India (RBI) data.

Non-Banking Financial Company gold loans surged significantly by June 2026. Retail credit remained the primary driver for NBFC lending growth. Housing and vehicle loans also…

NBFC credit surged 14.4% in June 2026, driven by retail lending, including significant growth in gold and consumer durable loans.