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The Economic Times
The Economic Times
Business

NBFC gold loans continue near 70% growth, reach Rs 3.41 lakh crore in June: RBI

RBI Gold NBFC Reserve Bank of India silver

New Delhi: Gold-backed lending by non-banking financial companies (NBFCs) continued to grow at nearly 70 per cent year-on-year in June 2026, extending the sharp expansion seen in the previous month, according to data released by the Reserve Bank of India (RBI).

Outstanding NBFC loans against gold jewellery rose 69.3 per cent year-on-year to Rs 3.41 lakh crore at the end of June 2026, after recording 69.9 per cent growth in May.

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