Thursday, 13 August 2026 · World
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EUROS The World Financial Report
Nº 33 Thursday, 13 August 2026 · World Edition
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Asia

Southern banks on a golden lending streak; gold-loan books swell 2x

Markets-Economic Times · 6h ago · 🇮🇳 India
Southern banks on a golden lending streak; gold-loan books swell 2x

South Indian banks have seen their gold-loan portfolios nearly double in three years. This significant growth is driven by rising gold prices and increased demand for credit. Federal Bank, CSB Bank, and others experienced substantial portfolio expansions. CSB Bank recorded the fastest growth, more than doubling its gold loan book. Gold loans now represent a significant portion of advances for these regional lenders.

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