RBI allows voluntary pledging of gold, silver for agri and MSME loans, even under collateral-free lending limits.

• New rule gives banks flexibility without breaching collateral-free norms; supports secured lending for small borrowers.
• Applies to loans within the ₹2 lakh limit, raised from ₹1.6 lakh for farmers in December 2024.
• Aims to enhance access to credit while maintaining borrower choice and financial inclusion goals.