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Centre recommends delaying RBI's new gold-loan rules, seeks relief for small borrowers
The Union finance ministry has suggested excluding small borrowers from the Reserve Bank of India's new gold-loan rules. This proposal aims to protect those with loans under Rs 2 lakh. The ministry also recommended delaying the rules until January 1, 2026. This decision follows opposition from Tamil Nadu, where concerns were raised about the impact on rural borrowers.
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