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Gold loan portfolio to surpass Rs 1.5 lakh crore by FY27-end: Indian Bank MD
Indian Bank expects its gold loan book to surpass Rs 1.5 lakh crore this financial year. This growth will be driven by increased loan volumes and robust demand for gold loans. The bank also reported significant CASA deposit growth in the first quarter. It has successfully raised USD 400 million through overseas bond issuance. Further foreign currency inflows are anticipated from FCNR(B) deposits.
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economictimes.indiatimes.com
Aditya Birla Capital to enter gold loan market, target 1,000 branches
Aditya Birla Capital will enter Indias competitive gold loan market with 200-300 dedicated branches by March 2027, followed by a target of around 1,000 branches over three years.…
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thehindu.com
Aditya Birla Capital enters gold loan biz; targets 1,000 branches in 3 years
Aditya Birla Capital aims to launch 1,000 gold loan branches in three years, starting with 300 by FY27.
