National News
Saurabh Gadgil launches JYPL 2025, JYPL Auction at a dazzling evening of celebration and competition
It was an evening of pomp and splendour at The White Resort and Spa Pawna, Lonavala to celebrate the launch of Jewellery Youth Premier League (JYPL) Season 8 and kick off the JYPL Auction. It was made all the more special with an icon of the jewellery industry, Dr. Saurabh Gadgil, CMD, PNG Jewellers, gracing the event with his distinguished presence. His heartfelt address at the launch encouraged and motivated the organizers and participating teams.The JYPL Auction was conducted on par with global sports auctions, providing a large dose of excitement and tension.
JYPL Season 8 will take place from March 5-9, 2025 at Central Railway Ground, Parel, Mumbai. The exciting tournament will see 260 players (all owners representing the jewellery industry) and 300+ companies associated with the industry. Over 2500 attendees are expected to catch all the action.
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
Senco Gold & Diamonds Welcomes Lord Ganesha Home With Jewellery That Celebrates Wisdom, Prosperity And New Beginnings
This Ganeshotsav, Kushals Fashion Jewellery Brings Statement Jewellery To The Festive Wardrobe
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 News7 minutes agoGold Loans Emerge As India’s Second-Largest Retail Credit Segment: TransUnion CIBIL
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National News18 hours agoThis Ganeshotsav, Kushals Fashion Jewellery Brings Statement Jewellery To The Festive Wardrobe
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National News14 hours agoSenco Gold & Diamonds Welcomes Lord Ganesha Home With Jewellery That Celebrates Wisdom, Prosperity And New Beginnings
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