Aditya Birla Capital enters gold loan business in Hyd

Aditya Birla Capital Ltd (ABCL) has entered the gold loan business with the launch of a dedicated branch in Abdullapurmet, near Hyderabad, as part of its expansion into organised gold-backed lending.According to CRIF High Mark, Telangana’s outstanding gold loan portfolio rose 70.5 per cent year-on-year to Rs 1.61 lakh crore as of March 2026, highlighting growing demand for secured credit.

Rakesh Singh, CEO-NBFC, Aditya Birla Capital Limited, said: “The launch of our Gold Loan business is an important step in broadening access to simple and secure financing solutions for customers.

Abdullapurmet’s proximity to Hyderabad and its growing connectivity make it an important market for our Gold Loan business. As we expand our presence, we aim to make Gold Loan more accessible through a transparent and seamless experience across physical and digital channels.”