RBI says loans against voluntary gold, silver collateral don't violate norms
This story was originally published at 18:07 IST on 11 July 2025
Register to read our real-time news.Informist, Friday, Jul. 11, 2025
NEW DELHI – The Reserve Bank of India Friday said loans against voluntary gold and silver collateral will not be considered a violation of the central bank's collateral norms for agriculture and micro, small, and medium enterprises loans.
"It is clarified that loans against voluntary pledge of Gold and Silver as collateral by borrowers, sanctioned by the banks upto the collateral free limit, as covered under the Circular / Master Direction referred to in para 1 above, will not be construed as a violation of the above-mentioned guidelines as regards such collateral," the central bank said in a notification. End
Reported by Shubham Rana
Edited by Rajeev Pai
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
