Draft directions on Gold Metal Loan have been issued by the RBI wherein the Gold Metal Loan (“GML”) scheme is being liberalised to now include industrial users of gold including jewellery exporters, domestic manufacturer and non-manufacturers for outsourcing production. Effective 1st October, 2025, RBI may allow banks more flexibility on interest rates, collateral norms, capital regulations, and extend the GML repayment tenor to 270 days.
We are analysing the draft directions and our detailed assessment shall be shared in the coming days on the same.
For further details, please see:
Reserve Bank of India (Gold Metal Loans) Directions, 2025
For any queries / clarifications, please feel free to ping us and we will be happy to chat:
