Loans against Gold Ornaments and Jewellery for Non-Agricultural End-uses

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..... the circulars DBOD.No.BP.BC.27/21.04.048/2014-15 July 22, 2014 and DBR.RRB.BC.No.53/31.01.001/2016-17 dated February 16, 2017. Under the extant guidelines, loans sanctioned by banks against pledge of gold ornaments and jewellery should not exceed 75 per cent of the value of gold ornaments and jewellery. 2. With a view to further mitigate the economic impact of the Covid19 pandemic on households, .....

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