New Delhi, March 10 -- Minister of State for Finance Pankaj Chaudhary informed Parliament that the Reserve Bank of India (RBI) has issued comprehensive directions on lending against gold and silver collateral to standardise norms across regulated financial institutions.

RBI Issues Unified Framework For Loans Against Precious Metals

According to the RBI, the guidelines, initially issued on June 6, 2025 and later subsumed under broader Directions on Credit Facilities issued on November 28, 2025, will apply to commercial banks, cooperative banks and non-banking financial companies (NBFCs) and come into effect from April 1, 2026.

Under the revised framework, lenders must undertake detailed credit assessment, including evaluation of the bor...