A Study on Growth of Gold Loan Nbfcs In India

Published in Journal

Journal of Advances and Scholarly Researches in Allied Education [JASRAE] (Vol:16/ Issue: 9) DOI: 10.29070/JASRAE
Authors: Anupam Gupta*, Rajeev Choubey,
Subjects: Multidisciplinary Academic Research

Year: Jun, 2019
Volume: 16 / Issue: 9
Pages: 889 - 895 (7)
Publisher: Ignited Minds Journals
Source:
E-ISSN: 2230-7540
DOI:
Published URL: http://ipublisher.in/p/262789
Published On: Jun, 2019

Article Details

A Study on Growth of Gold Loan NBFCs in India | Original Article

Anupam Gupta*, Rajeev Choubey, in Journal of Advances and Scholarly Researches in Allied Education | Multidisciplinary Academic Research

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ABSTRACT:

Growth of the gold loan NBFCs primarily occurred in the sense of an appreciation for gold, which confirmed the metrics of a sound financial condition, for example capital adequacy ratio, the Non-Performing Asset (NPA). NFBCs have become saturated with laws and legislation for gold loans and the resulting collapse in gold prices. In short, the sudden gold price correction will have a disastrous impact not just on NBFC Gold loans, but on the stock system as a whole.