Sensex
80,426.46 profit arw -733.22 (-0.90%)
Nifty
24,654.70 profit arw -236.15 (-0.95%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 11-Jul-2025
Economy - Reports
11-Jul-2025     19:12

RBI issues notification that banks can accept voluntary pledges of gold and silver as collateral for agriculture and MSME loans

The Reserve Bank of India (RBI) has issued a notification that banks can accept voluntary pledges of gold and silver as collateral for agriculture and MSME loans, even if the loans fall within the collateral-free limit. This directive will likely offer more flexibility without violating existing lending guidelines. This comes months after the RBI raised the collateral-free loan limit for farmers from Rs 1.6 lakh to Rs 2 lakh per borrower in December 2024.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

80,426.46 -733.22 (-0.90%)

Nifty

24,654.70 -236.15 (-0.95%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,128.21 -356.48(-1.35%)