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CM Wants RBI To Reconsider Norms For Gold Loans, Writes To Union Minister
The New Indian Express Vellore
|May 29, 2025
Chief Minister MK Stalin has written to Union Finance Minister Nirmala Sitharaman urging her to intervene and advise the Reserve Bank of India (RBI) to reconsider its draft guidelines that seek to restrict banks from accepting gold as collateral for agricultural loans up to ₹2 lakh.
CHIEF Minister MK Stalin has written to Union Finance Minister Nirmala Sitharaman urging her to intervene and advise the Reserve Bank of India (RBI) to reconsider its draft guidelines that seek to restrict banks from accepting gold as collateral for agricultural loans up to ₹2 lakh.
This story is from the May 29, 2025 edition of The New Indian Express Vellore.
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