Borrowers with gold loans up to ₹ 2 lakh should take note, they may be excluded from RBI's proposed rules

Finance Ministry: The Finance Ministry said, we have examined the central bank's draft guidelines on gold loans and have suggested keeping these small borrowers out of it. The Reserve Bank of India (RBI) had issued draft guidelines on gold loans on 9 April. It has been suggested to improve the guarantee and use the loan properly.

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