National News
BDB wins ‘Safe and Secure Corporate of the Year 2025’ at Secure India Summit
Bharat Diamond Bourse (BDB) has been honoured with the prestigious Safe and Secure Corporate of the Year 2025 Award at the inaugural Secure India Summit held at Bharat Mandapam, New Delhi. The event, organised by The Times Group, brought together security experts, industry leaders, and policymakers, and was graced by Shri Ram Nath Kovind, the Hon’ble Former President of India, as Chief Guest.
BDB’s recognition celebrates its steadfast commitment to corporate security and resilience. The award, judged by a panel of Senior Army and Police officers, underscores the rigorous standards BDB has maintained in safeguarding its operations and stakeholders.
Expressing his pride Mehul Shah, Vice-President of Bharat Diamond Bourse, said, “I am overjoyed with this well-deserved recognition for Bharat Diamond Bourse. This award reflects the tireless efforts of our dedicated team, especially Shirish Inamdar Ji and Samir Kumar Jha, whose continuous contributions have been pivotal in upholding our security standards. Their expertise and commitment inspire us all to strive for greater heights.”
Anoop Mehta, President of Bharat Diamond Bourse, added, “On behalf of Bharat Diamond Bourse, I congratulate our entire team on this outstanding achievement. This award validates our dedication to safety and innovation, and I look forward to building on this success as we continue to lead in secure practices. Thank you to all who have stood by us – here’s to many more milestones ahead!”
This accolade reinforces BDB’s position as a benchmark for corporate security in India and showcases its proactive approach to safety and innovation. The win reflects the collective trust of its stakeholders and the relentless efforts of its team.
India’s appetite for borrowing against gold is reshaping the country’s credit landscape. Outstanding gold-backed loans have surged 128% from a year earlier, crossing Rs.4 lakh crore ($48 billion) for the first time, according to data from the Reserve Bank of India. As of Jan. 31, loans secured by gold jewellery stood at Rs.4,00,517 crore, marking one of the fastest expansions in retail credit in recent years.
The boom in gold loans has helped propel overall non-food bank credit growth to 14.4% year-on-year. Personal loans now account for 34.5% of total bank lending, outpacing other segments and underscoring a broader shift toward consumer-driven credit expansion
Gold loans alone contributed roughly 9% of incremental bank credit during the period. Between January 2024 and January 2026, outstanding gold-backed credit rose by nearly Rs.3.1 lakh crore—an increase of about 338% over two years—more than quadrupling the size of the portfolio.
Two factors are driving the surge. First, gold prices have climbed roughly 152% over the past two years, increasing the collateral value of household holdings. Second, regulatory guidance requiring banks to classify loans secured by gold explicitly as gold loans has sharpened reporting and accelerated balance-sheet growth in the segment.
The trend highlights a distinctive feature of India’s financial system: households’ vast stock of physical gold, long viewed primarily as a store of wealth, is increasingly being mobilized as collateral for formal credit.
While personal lending and credit to nonbank financial companies within the services sector continue to expand rapidly, industrial credit remains uneven. Loans to micro, small and medium enterprises are growing steadily, but borrowing by large corporations has stayed relatively muted.
Since March 21, 2025, banks have added Rs.21.8 lakh crore to their non-food loan books, translating into 12% growth for the financial year to date. Yet it is gold—rather than factories or infrastructure—that is emerging as one of the most dynamic engines of India’s current credit cycle.
-
National News4 days agoIIBS-11: Navigating the ‘New Gold Rush’ in a fragmenting global economy
-
International News4 days agoOroarezzo 2026, with Italian Exhibition Group, Manufacturing Explores New Markets
-
International News4 days agoGemfields nets $53m in Bangkok ruby auction
-
New Premises4 days agoLimelight Diamonds Unveils Exclusive Visakhapatnam Store in the Presence of Union Minister of Civil Aviation Shri Kinjarapu Ram Mohan Naidu
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.