AK News Formalising India's Vast Informal Gold Loan Sector A Key Challenge: Muthoot Fincorp CEO

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Formalising India's Vast Informal Gold Loan Sector A Key Challenge: Muthoot Fincorp CEO

Published on: Oct. 8, 2025, 7:35 p.m. | Source: NDTV Profit

With nearly 60% of India’s gold loan business still operating in the informal sector, the biggest challenge for the financial ecosystem is to bring these loans under the formal, regulated framework, said Shaji Varghese, Chief Executive Officer of Muthoot Fincorp.

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