Gold loans jump 94% y-o-y, fuel bank credit growth in Q1

Times of India — Top Stories · 31 Jul 2026, 11:49 pm

Gold loans fueled a significant acceleration in bank credit during Q1FY27. This segment expanded by 93.8% year on year, adding substantial value. Overall bank credit also saw robust growth, crossing a significant milestone. Credit to industry recorded its highest first-quarter expansion in recent years. Vehicle loans and medium enterprises also showed strong performance.

Godesi is not the publisher of member reports and does not witness them. Read our terms. Something wrong? Tell the news desk.

More desi news

Trump is weighing new strikes on IranEconomic Times — Top Stories'Jana Nayagan' box office collection: Thalapathy Vijay film drops 12.3%Times of India — Top StoriesCybercriminals widen net as assessees rush to meet I-T return filing deadlineTimes of India — Top StoriesCWG 2026: India’s finest day in Glasgow yet! Six medals, 10 boxing finalistsTimes of India — Top StoriesKartarpur Corridor To Remain Shut Over Security Concerns: CentreNDTV — IndiaCWG Day 9 medal tally: Where is India now after delivering historic six-medal haul?Times of India — Top Stories

📣 Seen something in your city?

Godesi runs on what the community reports — a temple event, a new shop, a scam warning, a school win. Post it and your story appears on Godesi and across the desi network.