Gold Loan Companies Request Six-Month Delay for RBI Rules

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Gold Loan Companies Request Six-Month Delay for RBI Rules

The Association of Gold Loan Companies (AGLOC) has asked the Reserve Bank of India (RBI) for a six-month break before rolling out new gold and silver loan rules. They worry that global uncertainties could make it tough for small businesses and households to access credit. AGLOC believes a little extra time will help everyone adjust better to the changes.

| BS Reporter