RBI to issue comprehensive norms for loans against collateral of gold jewellery, ornaments

According to the RBI's Sectoral Deployment of Bank Credit released on March 27 showed that credit extended to borrowers for loans against gold jewellery rose sharply in February 2025, coinciding with a record rise in gold prices, with gold loan portfolio at the end of the month rising by 87.4 percent as compared to a growth of 15.2 percent a year ago.

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