India, April 16 -- Gold-backed lending in India has seen a sharp acceleration, with the overall portfolio scaling to Rs 16.2 lakh crore. The segment has emerged as one of the fastest-growing areas in retail credit, supported by rising gold prices, higher borrower leverage, and strong demand from both banks and NBFCs.

Despite strong stock performance from major gold financiers, the rapid pace of credit expansion has triggered caution from global brokerages like Macquarie. The key concern is not growth itself, but its speed, raising the risk of regulatory intervention that could reshape growth expectations in the sector

Stock to watch out for: Gold financier stocks have rallied in response to strong lending momentum, with Muthoot Finance ...