Bank loans against fixed deposits surge 53% to Rs 2.17 lakh crore on FCNR-B leverage play

By the close of September, loans against fixed deposits experienced a striking 53% year-on-year spike, reaching Rs 2.17 lakh crore. The demand for gold loans soared to an astonishing 82.6% increase, showcasing robust customer interest throughout India. Personal loans appreciated by 17.3%, hitting…

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