A total of 500 IndusInd Bank branches across India now provide gold loan services, thanks to a 245-branch expansion that the bank announced. This strategic expansion further demonstrates the bank’s dedication to improving the availability, efficiency, and trustworthiness of secured lending for consumers across the country.
In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the news was announced through a press release that was released today. The National Stock Exchange and BSE Limited have been informed of the announcement. Customers from all walks of life, including households, small traders, and those with ties to the agricultural sector, are showing a lot of interest in gold loans since they provide easy access to funds secured by their gold assets. According to Soumitra Sen, Head of Consumer Banking and Marketing at IndusInd Bank, “Gold loans have emerged as a trusted and timely financial solution for millions of customers,” who commented on the expansion. Our goal is to provide easy access to credit for people in rural areas, small enterprises, and homes by bringing this service to more than 500 branches. This decision further solidifies IndusInd Bank’s standing as a customer-centric bank that is committed to empowering its customers through growth and improved access to credit.
