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Gold Loan Market Set to Cross ₹30 Lakh Crore by FY28 as NBFCs Gain Share, But Rising NPAs Raise Concerns. India's gold loan industry is on track for unprecedented growth, with the market expected to expand by more than 30% and cross ₹30 lakh crore by March 2028. The sector is benefiting from rising gold prices, increasing demand for secured credit and the entry of new banks and financial institutions.However, alongside this promising growth outlook, industry experts are cautioning that the shift from traditional bullet repayment loans to monthly EMI-based repayment models could lead to higher non-performing assets (NPAs), creating new challenges for lenders.As banks and non-banking financial companies (NBFCs) compete for a larger share of the expanding market, maintaining asset quality will become just as important as driving loan growth. India's Gold Loan Market Enters a New Growth Phase Gold loans have become one of the fastest-growing segments in India's retail lending i...

SARFAESI Act, 2002 Complete Informative Guide for Borrowers & Businesses The SARFAESI Act (Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002) is one of the most powerful recovery laws available to banks and financial institutions in India. It allows lenders to recover secured loans without going to court first , making it extremely important for borrowers especially business owners to understand. Why SARFAESI Act Was Introduced Before 2002, banks had to file long civil suits to recover bad loans. Recovery could take many years. The Act was introduced to: Speed up recovery of NPAs Reduce court delays Strengthen banking system Improve credit discipline Enable asset reconstruction Today, it is widely used for home loans, LAP, business loans and corporate borrowings . When Does SARFAESI Apply? The Act comes into play when: ✅ Loan becomes NPA (90+ days overdue) ✅ Loan is secured (property, machinery, etc.)...