Friday, 2 May, 2025

RBI's Draft Guidelines Present Growth Opportunities for Gold Loan Fintechs

The Reserve Bank of India's (RBI) draft guidelines aimed at standardizing gold loan practices have opened new avenues for fintech companies. Startups like Rupeek, Oro Money, Indiagold, and Manipal Fintech are exploring co-lending partnerships with banks and NBFCs to expand their secured lending portfolios. The proposed regulations, focusing on harmonizing the gold loan sector, are expected to encourage digital innovation and collaboration, positioning fintechs to play a significant role.