RBI Expands Gold Metal Loan Eligibility for More Jewellers Under 2026 Rules:

RBI Expands Gold Metal Loan Eligibility for More Jewellers Under 2026 Rules:

Daily Current Affairs   /   RBI Expands Gold Metal Loan Eligibility for More Jewellers Under 2026 Rules:

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Category : Business and economics Published on: December 08 2025

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  • The Reserve Bank of India has broadened access to gold metal loans (GML), allowing banks to lend to a wider range of jewellers—including those not engaged in in-house manufacturing—under guidelines effective April 1, 2026.
  • The revised norms update the Master Direction on Import of Goods and Services and the Gold Monetisation Scheme.
  • Banks importing gold may now offer import-linked GML to entities that manufacture or sell jewellery domestically or for export.
  • Non-manufacturing jewellers may borrow if they outsource work to registered artisans or goldsmiths.
  • RBI has also allowed GMS-implementing banks to extend GML to MMTC for minting India Gold Coins (IGCs).
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