Thursday, May 29, 2025

BANKING

The Finance Ministry suggests changes to the Reserve Bank of India's gold loan rules. These revisions include delaying the implementation. The ministry wants to protect small borrowers. Loans under Rs 2 lakh may get an exemption. The ministry also proposes a later start date of January 1, 2026. The RBI is now reviewing all feedback before finalizing the guidelines.

from Banking/Finance-Industry-Economic Times https://ift.tt/vLmN39s
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