October 13, 2026
Business

Gold the fastest moving loan product for banks in January(Soban News)

Gold loans surged 128% year over year, while renewable-energy lending rose 62%. Export credit declined 17.2%. Total bank credit increased 14%, outpacing deposit growth. Retail loans grew 15%, corporate lending improved to 12%, and the gems-and-jewellery and engineering sectors each posted 36% growth. Overall credit expansion now exceeds deposits.

​Gold loans surged 128% year over year, while renewable-energy lending rose 62%. Export credit declined 17.2%. Total bank credit increased 14%, outpacing deposit growth. Retail loans grew 15%, corporate lending improved to 12%, and the gems-and-jewellery and engineering sectors each posted 36% growth. Overall credit expansion now exceeds deposits. by Soban News (international And National News)

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