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India's gold loan sector faces growing risk of a downturn

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India's gold loan industry is facing mounting pressures that could push it into a difficult phase. Concerns center on the risks lenders are taking as gold-backed borrowing expands rapidly. The article examines how volatility in gold prices and loosening standards could affect borrowers and financial institutions alike. Overall, the piece warns that without tighter oversight, the sector may slide into troubled territory.

Read the full story at Economic Times

This is an AI-generated summary. ShortSingh links to the original source for the complete article.

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India's gold loan sector faces growing risk of a downturn · ShortSingh