Gold Loan Book Outlook in 2022: Enormous scope for gold loan lending for NBFCs and banks, says Muthoot Finance MD

George Alexander Muthoot, MD, Muthoot Finance said, as the nascent economic recovery slowly takes roots, 2022 will be an important year to watch out for amidst the challenges posed by new Covid variants.

New Delhi: Gold, always considered a safe haven for investment in uncertain times, is likely to be the top refuge for investors amid the ongoing pandemic.

George Alexander Muthoot, MD, Muthoot Finance in an exclusive chat with Reema Sharma of Zee Media said, as the nascent economic recovery slowly takes roots, 2022 will be an important year to watch out for amidst the challenges posed by new Covid variants.

Though the coronavirus pandemic, and the spread of the Omicron variant, has again come to haunt investors, the turnaround in Indian economy is going to keep buoyancy in sentiments.