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Inside India newsletter: Gold loans are thriving in India — and attracting global investors

By CNBC March 19, 2026 Bullish
Inside India newsletter: Gold loans are thriving in India — and attracting global investors
Indian households own nearly 34,000 tons of gold worth about $5 trillion. Global PE firm Bain Capital got RBI approval to buy up to 41.7% stake in Manappuram Finance, India's second‑largest gold loan provider, in February.
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Indian households own nearly 34,000 tons of gold worth about $5 trillion. Global PE firm Bain Capital got RBI approval to buy up to 41.7% stake in Manappuram Finance, India's second‑largest gold loan provider, in February.