Draft RBI Lending Against Gold Collateral Directions: The draft directions are aimed at establishing a harmonized regulatory framework for lending against gold collateral (jewellery and ornaments) across all regulated entities, including commercial banks, cooperative banks, and non-banking financial companies (NBFCs). These cover various aspects of gold loans, including policy formulation, loan-to-value (LTV) ratios, valuation and assaying procedures, handling and storage of collateral, auction processes in case of default, and borrower compensation for loss or delay. The comments/ feedback from stakeholders are invited. (RBI Draft Directions Dated 09/04/2025)