National News
Grand unveiling of GJIIF 2025 in Chennai
Formal inauguration by Pramod Agarwal Derewala
Gem & Jewellery India International Fair (GJIIF) 2025 was unveiled at Chennai Trade Centre, Chennai. The show was formally inaugurated by Chief Guest Shri. Pramod Agarwal ‘Derewala’, Chairman- Derewala Industries and Chairman- National Gems & Jewellery Council of India in the presence of Jayantilal Challani, President, The Jewellers And Diamond Traders Association – Madras.
Present at the inauguration were distinguished guests: Sabarinath, President, Tamil Nadu Jewellers Federation, Santha Kumar, Secretary, MJDTA, Yogesh, Treasurer MJDTA, Ravindran, Secretary, TNJF, Manoharan, Treasurer, TNJF, Shantilal, State Chief, Andhra Association, Chetan Kumar Mehta, President, Jewellers Association, Bengaluru, Surendran, AKGSMA.
Distinguished overseas Visitor Partners from Malaysia present were Datuk Abdul Rasull Bin Abdul Razak, President, Malaysia Indian Goldsmith and Jewellers Association, Dato Wira Louis Ng, President, Malaysia Gold Association. Also present was Wan Ahmad Tarmizi, Trade Consul, Malaysian Consulate -Trade Section. Representing United Exhibitions were VK Manoj, Project Director, United Exhibitions, Mohandas, CEO, United Exhibitions
National News
Gold Loans Emerge As India’s Second-Largest Retail Credit Segment: TransUnion CIBIL
​Demographics Are Also Shifting, With Gen Z Accounting For 20% Of Total Demand.
Gold loans have emerged as India’s second-largest retail credit segment after housing loans, driven by surging gold prices and formal lending growth, according to TransUnion CIBIL data presented at the Global Fintech Fest 2026.
Speaking at the Global Fintech Fest 2026, Bhavesh Jain, MD & CEO of TransUnion CIBIL, said the growth in gold-backed borrowing was being accompanied by a notable shift in the profile of borrowers.
However, credit profiles reveal underlying stress: 20% of gold loan borrowers hold an existing non-performing asset (NPA) on other credit products, such as personal loans, auto loans, or credit cards. Despite cross-segment defaults, gold loan delinquencies remain low at approximately 0.3%.
Demographics are also shifting, with Gen Z accounting for 20% of total demand. TransUnion CIBIL MD & CEO Bhavesh Jain noted that traditional NBFCs lead credit expansion, onboarding roughly half of all new-to-credit borrowers ahead of fintechs and banks.
Gold Loans Emerge As India’s Second-Largest Retail Credit Segment: TransUnion CIBIL
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Gold Loans Emerge As India’s Second-Largest Retail Credit Segment: TransUnion CIBIL
This Ganeshotsav, Kushals Fashion Jewellery Brings Statement Jewellery To The Festive Wardrobe
Senco Gold & Diamonds Welcomes Lord Ganesha Home With Jewellery That Celebrates Wisdom, Prosperity And New Beginnings
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National News4 minutes agoGold Loans Emerge As India’s Second-Largest Retail Credit Segment: TransUnion CIBIL
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