Gold Loan

Southern India Dominates the Gold Loan Market in India.

Nov 21 2016

The dominance of the region is attributed to its majority share in the country’s gold holding and more openness towards borrowing against gold.

The dominance of the region is attributed to its majority share in the country’s gold holding and more openness towards borrowing against gold. Moreover, the Southern region also accounts for highest gold demand in the country. This is the reason that large number of the specialized branches of NBFCs such as Kosamattam Finance, Manappuram is located in the southern region.The dominance of the region is attributed to its majority share in the country’s gold holding and more openness towards borrowing against gold. Moreover, the Southern region also accounts for highest gold demand in the country. This is the reason that large number of the specialized branches of NBFCs such as Kosamattam Finance, Manappuram is located in the southern region.

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