Finance Ministry instructs RBI to ensure gold loan rules do not adversely impact small borrowers

In his letter to Ms. Sitharaman, Mr. Stalin wrote that small and marginal farmers often lack formal land titles or verifiable income documentation, which makes the pledging of gold a viable and dignified route to access institutional credit. 

May 30, 2025 - 19:30
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Finance Ministry instructs RBI to ensure gold loan rules do not adversely impact small borrowers
In his letter to Ms. Sitharaman, Mr. Stalin wrote that small and marginal farmers often lack formal land titles or verifiable income documentation, which makes the pledging of gold a viable and dignified route to access institutional credit. 

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