India Seeks Gold Loan Rule Relaxations

  Published 10 months ago

India's finance ministry has requested the RBI to ease new gold loan rules, fearing they'll harm small borrowers. They propose excluding loans under ₹200,000 and delaying implementation until 2026. Stocks reacted positively to the news.

  • RBI proposed tighter rules after the loan surge.
  • Ministry wants exemptions for small loans.
  • Implementation delay sought for lender prep.

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