New Delhi, Nov. 7 -- Are you looking to apply for a fresh gold-backed loan this Diwali? Have you planned how you will utilise the funds? If not, then before planning for any such applications, it is prudent to seek professional advice and plan your borrowing strategically.

As of today, securing a loan against gold jewellery has turned into a more regulated and deeply scrutinised affair. This has happened as the Reserve Bank of India (RBI) introduced a clearly defined, elaborate and uniform framework to bring transparency and standardise gold valuations. The overall aim is to boost borrower confidence and protect their rights.

Furthermore, it is vital to keep in mind that the new rules that were notified initially on 6 June 2025 had to b...