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Corporate Intelligence Brief · Friday, 21 August 2026

Aditya Birla Capital enters a gold-loan market growing 69% a year

Edition No. 3 · 20 min read

NBFC loans against gold jewellery reached Rs. 3.42 lakh crore in June, up 69.3% in a year, & Aditya Birla Capital now wants a thousand branches of it. Automotive lighting climbed fastest up the industry momentum rankings this month. & July core-sector growth of 5.4% was actually a slowdown from June, once the revision is read properly.

Snapshot · Commodities, Rates & Macro

ItemLevelMoveOne-line note
Gold (futures)$4,582/oz+0.27%Two-month high, heading for a third straight weekly gain
Silver (futures)$68.45/oz+0.53%Riding the same weak-dollar bid as gold
Brent crude (Oct)$93.84/bbl+0.64%Up about 4% this week on the US-Iran impasse
WTI crude$86.16/bbl+2.09%Same story, US grade
US 10-year Treasury~4.70%+5 bpBuyback relief faded within a day
US 30-year Treasury~5.25%+4 bpCrossed 5.3% this week, highest since 2007
India 10-year G-sec6.86%+4 bpEight-week high after hawkish central-bank minutes
Core sector, July+5.4%vs +6.0% JuneIron ore, cement & electricity led; June was revised up

Company News & Developments

Aditya Birla Capital walks into gold loans as NBFC gold books grow 69%

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