Amendment to RBI Commercial Banks- Credit Facilities Directions: The amendment introduce comprehensive changes to Gold Metal Loans (GML). It inserts definitions for GML, distinguishing between GMS-linked GML under the Gold Monetization Scheme, 2015, and import- linked GML sourced from imported gold. It also prescribe prudential guidelines for lending, risk management, monitoring, and repayment of GML to jewellery industry borrowers, including exporters and MMTC Limited. Banks must lay down lending policies, conduct due diligence, comply with capital adequacy requirements, and value GML in INR based on daily LBMA Gold rates.