Biggest reveal on Gold loan | सोना बेचकर कर्ज चुकाने को मजबूर हुए लोग? | Gold loan कर देगा बर्बाद ?
Money9
0:00 / 0:00
Biggest reveal on Gold loan | सोना बेचकर कर्ज चुकाने को मजबूर हुए लोग? | Gold loan कर देगा बर्बाद ?
28 033 просмотра · 2 месяца назад
Money9
2,12 млн подписчиков
28 033 просмотра · 2 месяца назад
Are people using gold loans to repay old debts? Is India's booming gold loan market becoming the next big financial risk? And why does a new report reveal that 1 in every 5 gold loans has been given to a borrower who had already defaulted on another loan?
India's gold loan market is growing at a record pace, but the latest TransUnion CIBIL report has raised serious concerns about rising borrower stress. Why are banks still lending to borrowers with existing NPAs? What risks does this pose for lenders and borrowers? And what should you know before taking a gold loan?
In this video, we explain:
Why gold loans are growing rapidly in India
What the TransUnion CIBIL report reveals
Why 1 in 5 gold loan borrowers already had an NPA
Why banks continue to approve such loans
How rising gold prices are driving bigger loan amounts
The risks of taking multiple loans at the same time
What borrowers should check before opting for a gold loan
Watch the full video to understand why India's gold loan boom is attracting attention, what the latest data says, and how it could affect borrowers, banks, and the financial system.
#goldloan #GoldLoanNews #goldprice #cibilscore #TransUnionCIBIL #financenews #bankingnews #personalfinance #money9 #india
_________________________________________________________________
➡️ Money9 Website: https://www.money9live.com/
📱 Download Money9 App
🍎 Apple App Store: https://apps.apple.com/in/app/money9-...
🤖 Google Play Store: https://play.google.com/store/apps/de...
🌐 Follow Money9 on Social Media
𝕏 Twitter: / money9live
📘 Facebook: / money9live
📸 Instagram: / money9live
💼 LinkedIn: / money9