Tata Capital enters India's gold loan market with Yogloans

Tata Capital is making a big bet on one of India's fastest-growing lending businesses, gold loans. 

What’s going on: the company is set to acquire an 88.6% stake in Kerala-based NBFC Yogakshemam Loans Limited (Yogloans). The deal values the company at up to ₹318 crore, and Tata Capital will also invest around ₹93 crore in fresh capital to help expand the business.

It gives Tata Capital a stronger foothold in the booming gold loan market, a segment that's expected to grow 12-15% every year over the next four to five years.

The move is likely to heat up competition for established players like Muthoot Finance, Manappuram Finance and other gold-focused lenders.

The big picture: gold loans have become the fastest-growing segment in retail lending. Outstanding loans jumped over 50% year-on-year to ₹18.6 lakh crore in March 2026, helped by record-high gold prices, bigger loan sizes and supportive regulations.

Market action: the stock recovered from the day’s low on the back of this announcement.