VERIFIEDET Finance·15 May 2026positive

India's gold loan market has huge potential, there's lot of idle metal: George Alexander Muthoot

AI Summary

·Gold prices rising will boost the gold loan market by increasing borrowing power.
·Uncertainties and price fluctuations are unlikely to impact the gold loan market's growth due to sufficient cushion.
·The loan-to-value ratio for gold loans is 75%, decreasing as gold prices rise.