60-65 per cent of India's household gold loans market still untapped, goes to unorganised market: Jefferies

New Delhi [India], August 25 (ANI): The gold loan market in India remains largely untapped. According to a report by investment banking and capital market firm Jefferies organized gold financiers account for just 5-6 per cent of the country's household gold tonnages and 40 per cent of the gold loan business.

The report suggests a significant portion, around 60-65 per cent of gold loans still happen through unorganized cha