Big Indian corporations want a piece of the booming gold-backed loan business

Why it matters

The entry of big Indian corporations into the gold-backed loan market signals notable market activity with potential implications for credit availability and lending practices in a niche but growing segment, though it remains largely a sector-specific development without immediate systemic impact.

Sources

• Financial Times

  Big Indian corporations want a piece of the booming gold-backed loan business

  Also in this newsletter, a JPMorgan Chase entity faces Sebi’s ire