RBI Extends Gold Metal Loan Tenure to 270 Days in Draft Circular | Business News | ET Now #ETNOW
RBI Extends Gold Metal Loan Tenure to 270 Days in Draft Circular | Business News | ET Now
RBI’s draft circular extends gold metal loan (GML) repayment tenure to 270 days from 180, aiding jewelers amid surging gold prices and extended working capital cycles. Non-manufacturers can now access GMLs for outsourced production, offering relief to SMEs and enabling better hedging for organized players like Senco and Titan.
#rbi #goldmetalloan #jewelryindustry #goldprices #sme #hedging #titan #senco #workingcapital #indiaeconomy #etnow
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