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2024

India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63 pc share: PwC

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New Delhi, [India], August 24 (ANI): The gold loan market in India is on the cusp of substantial growth, driven by rising per-gram gold rates and increasing customer demand. Currently, the market is predominantly controlled by the unorganized sector, which holds a 63 per cent share, while organized players, including banks and Non-Banking Financial Companies (NBFCs), account for the remaining 37 per cent, according to a P