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Aditya Birla Capital Limited announced its strategic expansion into the gold loan business. This new offering will complement its existing retail and MSME lending franchise
Tata Capital is entering the gold loan market by acquiring a majority stake. This strategic move expands their retail lending portfolio through Yogakshemam Loans
The unprecedented rise in gold prices over the last one year albeit one that has cooled in recent months has led to such an increase in loans against the yellow metal that experts think Indians are now willing to pawn what they hold of it more easily than befo