Indian Gold Loan Market Outlook 2022

NOIDA, India - Jan. 17, 2018 - PRLog -- The Gold Loan Market in India is the leading market in the world probably due to large demand of gold by Indians. India is having the largest gold stock in the world, i.e. more than 22,000 Metric Tons of gold held by the domestic households and temples. Gold has always been a valued commodity. It is considered auspicious, and used in the form of jewellery, coins and other assets in India. Due to its high value, people have been taking loans against gold ornaments for centuries.

The latest research by RNCOS titled, "Indian Gold Loan Market Outlook 2022" unfolds the market dynamics of the gold loan market. The report shows the Indian Gold Loan industry being split into two distinct segments viz.: Organized market and unorganized market. Indian organized gold loan industry is analyzed on the basis of market size, penetration, type of institutions, and share of major players, and presents forecasts. We also studied how the government regulations are impacting the industry.

The organized gold loan market is constituted by NBFCs, banks and cooperatives in which banks are having involvement from both the public and private sector.  Public sector banks are having the highest share in the organized gold loan market.  This is due to the fact that gold loan financing comes as a priority sector lending for agricultural farmers. Whereas unorganized gold loan market constitute of pawnbrokers and money lenders

Our industry analysts studied all the facets of the Indian gold loan market to portray a crystal clear picture of the current as well as the expected market. Consumer behavior has been identified that are set to act as catalysts towards boosting the industry's growth. Also, risks associated with gold loan market and various marketing and advertising strategies by bank and NBFCs for gold loan market have been identified. Our study also includes a section on strategic recommendations on gold loan required for the policy makers, end users, service providers and investors in order to expand the gold loan market.

The report further highlights the competitive landscape of the Indian gold loan market, describing the business, key people, company statistics and recent activities of the major industry players. The section is therefore expected to clearly help the reader gain crucial insight into the key market players' performances and strategies for growth. Holistically, the research provides all the pre-requisite information for clients looking to make a debut in this industry.

For FREE SAMPLE of this report visit: http://www.rncos.com/Report/IM921.htm

Check Related REPORTS on: http://www.rncos.com/Banking&Insurance.htm

ABOUT RNCOS

RNCOS is a leading industry research and consultancy firm incorporated in 2002. As a pioneer in syndicate market research, our vision is to be a global leader in the industry research space by providing research reports and actionable insights to companies across a range of industries such as Healthcare, IT and Telecom and Retail etc. We offer comprehensive industry research studies, bespoke research and consultancy services to Fortune 1000, Trade associations, and Government agencies worldwide.