Gold is not just a precious commodity for most Indian households. It is integral to our lives beyond its intrinsic values. Our perennial love for the yellow metal makes us one of the largest consumers of Gold across the globe. With changing times, the usage of Gold has also metamorphosed multifariously. The emergence of the NBFC ecosystem in the country has strengthened Gold as the most sought-after commodity in one's financial portfolio. This ongoing phenomenon led to the surge in demand for gold loans across the length and breadth of the country. The advent of NBFCs with a primary focus on providing gold loans further popularised this lending instrument predominantly in the common man customer segment. A plethora of promotions across communication channels with the involvement of celebrities- national, regional and local, is a living testimony to its growing stature in India. The growth of NBFCs specialised in lending against Gold has made it one of the fastest-growing personal loan segments in the country. Also, its growth has democratised this segment with easy access to getting short-term loans on reasonable terms. KLM believes the growth saga of Gold Loan will continue and touch new heights of success. As we become the 5th largest economy, new growth avenues will open up, further pushing the aspirational sentiments of the entire nation. The rise in aspiration for a better standard of living will have a positive trickle-down effect on the segment. Customers being the centre of all our communications, KLM is committed to bringing the best of the best offers in terms of our products and service for discerning clientele across the states especially in the rural markets and semi urban. I want to thank all our stakeholders for reposing their faith, showing their love for the brand, and being an integral part of our growth journey.

Thank you. Greater than the sum of its parts.

Manoj Ravi