Gold or credit card: What’s helping Indians more in hours of dire need?

Vivek KaulTHE ECONOMIC TIMES
Oct 9, 2025 | 11:21 IST

The glitter of gold is shining brighter in India’s borrowing landscape. Here’s the story behind this trend, and what it means for borrowers and the banking system



For the first time, loans taken against gold jewellery (gold loans) in India have surpassed credit card debt.
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