From last resort to retail giant: how gold loan surge reflects credit shift

The average size of a gold loan ticket has approximately doubled ₹90,000 in early 2022 ₹1.96 lakh by the end of 2025, according to TransUnion CIBIL. Higher gold valuations reduced the amount of jewelry needed to secure a given loan amount, contributing to a shift to higher-priced loans. Muthoot Finance said its growth is now largely driven by the above loans ₹50,000, while nearly 1.1 million borrowers in ₹10,000- ₹30,000 pieces left his system. The company reported year-over-year growth in assets under management of 49% and revenues of 20.8%.