New Delhi, June 30 -- Gold loans have become the fastest-growing retail credit segment in India, driven by soaring gold prices and rising demand for secured borrowing. according to the RBI's latest Financial Stability Report released on Tuesday.

Gold loans have emerged as the largest segment within non-housing retail loans, growing at a CAGR of 42.4 per cent since March 2024, the report pointed out. This is nearly twice the pace of overall non-housing retail loans (CAGR of 23.0 per cent) during the same period

The report also noted that, both banks and NBFCs have significantly expanded their gold loan portfolios in 2025-26, outpacing growth in other retail loan categories, including housing loans.

"This trend has been supported by a sh...