Online gold loan business gaining traction and NBFCs want to make most of it

The NBFCs don’t expect customers to go back to the physical gold loan format once the pandemic ends because there’s been a change in lifestyle and outlook. Before the pandemic, the gold loan was taboo. But now people treat gold loans as an option to meet working capital and fund requirements.

from Banking/Finance-Industry-Economic Times https://ift.tt/36Pfmj8