We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
A Study on Indian Gold Loan Market and its Impact in Indian Market.
- Authors
V. P., Nandakumar
- Abstract
In India, it is estimated that most of the gold is held by people in rural areas where, often, it is the only asset people have in their possession though in limited quantities. A rural Indian knows that if his crop fails or his family is sick, he can raise cash at short notice from the goldsmith or pawnbrokers and moneylenders. Gold has a formidable part in showcasing Indian customs and traditions. Women richly clad in gold jewellery are a familiar sight in Indian tradition and is a sign of prosperity and well being in a society. Also, in a rich social heritage filled with celebrations and gaiety, gold jewellery was always esteemed and in demand. Gifting of gold on auspicious occasions is also a common tradition in the country. The study is conducted to understand the gold loan market in India and its impact and gold loan and financial inclusion. The study aims at collecting information regarding the nature, character and composition of gold loan business in India, its socioeconomic impact and problems associated with the sector on the basis of the research conducted among the clientele of Manappuram Finance Ltd. and other Institutions.
- Subjects
LOANS; RURAL geography; ASSETS (Accounting); GOLD; PAWNBROKERS; MARKETING
- Publication
International Journal of Computer Science & Management Studies, 2015, Vol 16, Issue 1, p13
- ISSN
2231-5268
- Publication type
Article