SynopsisGold loans and renewable energy sector financing have surged, more than doubling to Rs 3.16 lakh crore and Rs 14,842 crore respectively. This contrasts with decelerated growth in bank credit to NBFCs and HFCs, which saw modest increases of 3.9% and 0.2% respectively. Consumer durable and personal loans also experienced slower growth.
India's Gold Loan Market Surges as Renewable Energy Financing Reaches New Heights
Economic Times•
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Publisher: Economic Times
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