The NBFC feels that the demand for gold loan in FY22 will be fuelled by healthcare requirements, pandemic-driven uncertainty, the limitations of the banking sector to serve gold loan demand at the earlier pace due to decreased gold prices and the end of 90% LTV (loan-to- value) lending on March 2021, apart from increased credit crunch due to prevailing policies.source https://economictimes.indiatimes.com/industry/banking/finance/gold-loan-non-banking-finance-company-indel-money-expects-50-per-cent-growth-in-business-in-current-financial-year/articleshow/83744031.cms
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