← Latest news 
Gold loan fintechs pivot to own loan books as RBI tightens lending rules
Technology
Published on 24 April 2026
They are skipping partners, licensing NBFCs to lend directly
Gold loan fintech startups are changing gears after RBI tightened norms that disrupted their earlier loan-sourcing model. Firms like Indiagold and Oro are obtaining NBFC licenses and arranging debt funding to build direct lending loan books, while also weighing co-lending partnerships. The move aims to restore growth momentum as service-provider routes face tighter scrutiny.
- RBI tightening is forcing gold loan fintechs to rethink their model
- Some companies are obtaining NBFC licenses for direct lending
- Debt funding is being arranged to build their own loan books
- Co-lending partnerships are emerging as a backup growth path
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times