भारत में बढ़ता का Gold Loan Risk, हालत चिंताजनक

India in the grip of 'Yellow Fever': RBI warns

Major deficiencies include :
- shortcomings in the use of third parties for sourcing and appraisal of loans,
- valuation of gold without the presence of the customer,
- Inadequate due diligence and
- Lack of end-use monitoring of gold loans,
- lack of transparency during an auction of gold ornaments and jewelry on default by the customer,
- weaknesses in monitoring of loan-to-value, and
- incorrect application of risk weights, among others.

The penetration rate in the gold loan market is only 5.6% and the unorganized sector has a market share of 63%, hence there is significant growth potential for organized players like banks and NBFCs.

स्वर्ण ऋण बाजार में प्रवेश की दर मात्र 5.6% है तथा असंगठित क्षेत्र का बाजार में हिस्सा 63% है, अतः बैंकों और एनबीएफसी जैसी संगठित कम्पनियों के लिए विकास की महत्वपूर्ण संभावनाएं हैं।